Bitcoin Intraday: rebound towards 71910
May 23, 2024 7:20 AM
rebound towards 71910.
Our pivot point stands at 68320.
Our preference: rebound towards 71910.
Alternative scenario: the downside breakout of 68320 would call for 66970 and 66170.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (69370) but below its 50 period moving average (69673).
Supports and resistances:
73510 **
72710 *
71910 **
71110
69476 last
68840
68320 **
66970 *
66170 **
Our preference: rebound towards 71910.
Alternative scenario: the downside breakout of 68320 would call for 66970 and 66170.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (69370) but below its 50 period moving average (69673).
Supports and resistances:
73510 **
72710 *
71910 **
71110
69476 last
68840
68320 **
66970 *
66170 **
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%
