Bitcoin Intraday: rebound towards 71900
May 23, 2024 2:23 AM
rebound towards 71900.
Our pivot point is at 68370.
Our preference: rebound towards 71900.
Alternative scenario: below 68370, expect 67030 and 66230.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 69507 and 69764).
Supports and resistances:
73500 **
72700 *
71900 **
71100
69490 last
68900
68370 **
67030 *
66230 **
Our preference: rebound towards 71900.
Alternative scenario: below 68370, expect 67030 and 66230.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 69507 and 69764).
Supports and resistances:
73500 **
72700 *
71900 **
71100
69490 last
68900
68370 **
67030 *
66230 **
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
86823.97
-1705
-192.60%
