Bitcoin Intraday: the upside prevails as long as 57460 is support
Sep 2, 2024 1:02 PM
the upside prevails as long as 57460 is support.
Our pivot point is at 57460.
Our preference:
the upside prevails as long as 57460 is support.
Alternative scenario:
below 57460, expect 56280 and 55570.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 58034 and 57966).
Supports and resistances:
61910 **
61210 *
60500 **
59800
58390 last
57930
57460 **
56280 *
55570 **
Our preference:
the upside prevails as long as 57460 is support.
Alternative scenario:
below 57460, expect 56280 and 55570.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 58034 and 57966).
Supports and resistances:
61910 **
61210 *
60500 **
59800
58390 last
57930
57460 **
56280 *
55570 **
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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