Bitcoin Intraday: rebound expected

Aug 21, 2024 5:28 AM

long positions above 58500 with targets at 59800 & 60400 in extension.

Pivot: 58500
Our preference: long positions above 58500 with targets at 59800 & 60400 in extension.
Alternative scenario: below 58500 look for further downside with 57800 & 57100 as targets.
Comment: the RSI calls for a rebound.
Supports and resistances:
61000
60400
59800
59388 Last
58500
57800
57100

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