Bitcoin Intraday: as long as 57330 is support look for 60440
Sep 12, 2024 8:41 AM
as long as 57330 is support look for 60440.
Our pivot point stands at 57330.
Our preference:
as long as 57330 is support look for 60440.
Alternative scenario:
the downside breakout of 57330 would call for 56130 and 55420.
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 57980 and 57361).
Supports and resistances:
61870 **
61160 *
60440 **
59730
58300 last
57800
57330 **
56130 *
55420 **
Our preference:
as long as 57330 is support look for 60440.
Alternative scenario:
the downside breakout of 57330 would call for 56130 and 55420.
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 57980 and 57361).
Supports and resistances:
61870 **
61160 *
60440 **
59730
58300 last
57800
57330 **
56130 *
55420 **
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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