Search
Bitcoin Intraday: rebound towards 61220
Aug 21, 2024 12:05 AM
rebound towards 61220.
Our pivot point stands at 58080.
Our preference: rebound towards 61220.
Alternative scenario: the downside breakout of 58080 would call for 56900 and 56200.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 59185 and 60083).
Supports and resistances:
62630 **
61930 *
61220 **
60510
59099 last
58550
58080 **
56900 *
56200 **
Our preference: rebound towards 61220.
Alternative scenario: the downside breakout of 58080 would call for 56900 and 56200.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 59185 and 60083).
Supports and resistances:
62630 **
61930 *
61220 **
60510
59099 last
58550
58080 **
56900 *
56200 **
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.
Related Instruments
Bitcoin
73218.86
834.8999999999942
+115.30%
