Bitcoin Intraday: rebound towards 58410
Sep 6, 2024 6:47 AM
rebound towards 58410.
Our pivot point is at 55410.
Our preference:
rebound towards 58410.
Alternative scenario:
below 55410, expect 54270 and 53590.
Comment:
the RSI is below its neutrality area at 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 56370 and 56514).
Supports and resistances:
59770 **
59090 *
58410 **
57730
56330 last
55860
55410 **
54270 *
53590 **
Our preference:
rebound towards 58410.
Alternative scenario:
below 55410, expect 54270 and 53590.
Comment:
the RSI is below its neutrality area at 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 56370 and 56514).
Supports and resistances:
59770 **
59090 *
58410 **
57730
56330 last
55860
55410 **
54270 *
53590 **
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
70522.2
-282.97000000000116
-40.00%
