Bitcoin Intraday: as long as 56040 is support look for 59140
Sep 10, 2024 12:05 AM
as long as 56040 is support look for 59140.
56040 is our pivot point.
Our preference:
as long as 56040 is support look for 59140.
Alternative scenario:
the downside breakout of 56040 would call for 54890 and 54200.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 56659 and 55721).
Supports and resistances:
60520 **
59830 *
59140 **
58450
56951 last
56500
56040 **
54890 *
54200 **
Our preference:
as long as 56040 is support look for 59140.
Alternative scenario:
the downside breakout of 56040 would call for 54890 and 54200.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 56659 and 55721).
Supports and resistances:
60520 **
59830 *
59140 **
58450
56951 last
56500
56040 **
54890 *
54200 **
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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