Bitcoin Intraday: as long as 56700 is support look for 59760
Sep 11, 2024 12:05 AM
as long as 56700 is support look for 59760.
Our pivot point stands at 56700.
Our preference:
as long as 56700 is support look for 59760.
Alternative scenario:
the downside breakout of 56700 would call for 55510 and 54800.
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 57397 and 57135).
Supports and resistances:
61170 **
60470 *
59760 **
59050
57630 last
57160
56700 **
55510 *
54800 **
Our preference:
as long as 56700 is support look for 59760.
Alternative scenario:
the downside breakout of 56700 would call for 55510 and 54800.
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 57397 and 57135).
Supports and resistances:
61170 **
60470 *
59760 **
59050
57630 last
57160
56700 **
55510 *
54800 **
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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