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Bitcoin Intraday: as long as 62990 is support look for 66570
Aug 24, 2024 6:49 AM
as long as 62990 is support look for 66570.
62990 is our pivot point.
Our preference:
as long as 62990 is support look for 66570.
Alternative scenario:
the downside breakout of 62990 would call for 61710 and 60940.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64054 and 62662).
Supports and resistances:
68110 **
67340 *
66570 **
65810
64191 last
63500
62990 **
61710 *
60940 **
Our preference:
as long as 62990 is support look for 66570.
Alternative scenario:
the downside breakout of 62990 would call for 61710 and 60940.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64054 and 62662).
Supports and resistances:
68110 **
67340 *
66570 **
65810
64191 last
63500
62990 **
61710 *
60940 **
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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