Bitcoin Intraday: as long as 56300 is support look for 59330
Sep 10, 2024 1:02 PM
as long as 56300 is support look for 59330.
Our pivot point stands at 56300.
Our preference:
as long as 56300 is support look for 59330.
Alternative scenario:
the downside breakout of 56300 would call for 55120 and 54420.
Comment:
the RSI is above 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 57031 and 56722).
Supports and resistances:
60730 **
60030 *
59330 **
58630
57224 last
56760
56300 **
55120 *
54420 **
Our preference:
as long as 56300 is support look for 59330.
Alternative scenario:
the downside breakout of 56300 would call for 55120 and 54420.
Comment:
the RSI is above 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 57031 and 56722).
Supports and resistances:
60730 **
60030 *
59330 **
58630
57224 last
56760
56300 **
55120 *
54420 **
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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