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Bitcoin Intraday: rebound towards 65250
Aug 27, 2024 4:04 AM
rebound towards 65250.
Our pivot point stands at 61970.
Our preference:
rebound towards 65250.
Alternative scenario:
below 61970, expect 60710 and 59960.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 63111 and 63504).
Supports and resistances:
66760 **
66010 *
65250 **
64500
62970 last
62470
61970 **
60710 *
59960 **
Our preference:
rebound towards 65250.
Alternative scenario:
below 61970, expect 60710 and 59960.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 63111 and 63504).
Supports and resistances:
66760 **
66010 *
65250 **
64500
62970 last
62470
61970 **
60710 *
59960 **
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
72706.95
-624.7299999999959
-85.20%
