Bitcoin Intraday: rebound towards 60510
Aug 19, 2024 1:02 PM
rebound towards 60510.
Our pivot point stands at 57580.
Our preference: rebound towards 60510.
Alternative scenario: below 57580, expect 56440 and 55760.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (58454) but under its 50 period moving average (59015).
Supports and resistances:
61860 **
61180 *
60510 **
59830
58472 last
58020
57580 **
56440 *
55760 **
Our preference: rebound towards 60510.
Alternative scenario: below 57580, expect 56440 and 55760.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (58454) but under its 50 period moving average (59015).
Supports and resistances:
61860 **
61180 *
60510 **
59830
58472 last
58020
57580 **
56440 *
55760 **
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.
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Bitcoin
70431.13
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