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Bitcoin Intraday: under pressure below 65010
Aug 26, 2024 2:05 AM
under pressure below 65010.
Our pivot point stands at 65010.
Our preference:
under pressure below 65010.
Alternative scenario:
above 65010, look for 66290 and 67060.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 64245 and 64134).
Supports and resistances:
67060 **
66290 *
65010 **
64500
63999 last
62430
61670 **
60900 *
60140 **
Our preference:
under pressure below 65010.
Alternative scenario:
above 65010, look for 66290 and 67060.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 64245 and 64134).
Supports and resistances:
67060 **
66290 *
65010 **
64500
63999 last
62430
61670 **
60900 *
60140 **
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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