Bitcoin Intraday: rebound towards 60690
Aug 19, 2024 9:26 AM
rebound towards 60690.

Our pivot point is at 57740.
Our preference: rebound towards 60690.
Alternative scenario: below 57740, expect 56600 and 55920.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (58581) but below its 50 period moving average (59296).
Supports and resistances:
62050 **
61370 *
60690 **
60010
58654 last
58190
57740 **
56600 *
55920 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.