Bitcoin Intraday: as long as 57100 is support look for 60160
Sep 5, 2024 2:05 AM
as long as 57100 is support look for 60160.
Our pivot point is at 57100.
Our preference:
as long as 57100 is support look for 60160.
Alternative scenario:
below 57100, expect 55930 and 55230.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 58033 and 57263).
Supports and resistances:
61560 **
60860 *
60160 **
59450
58035 last
57560
57100 **
55930 *
55230 **
Our preference:
as long as 57100 is support look for 60160.
Alternative scenario:
below 57100, expect 55930 and 55230.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 58033 and 57263).
Supports and resistances:
61560 **
60860 *
60160 **
59450
58035 last
57560
57100 **
55930 *
55230 **
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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