Bitcoin Intraday: as long as 67580 is support look for 71080
May 25, 2024 7:14 AM
as long as 67580 is support look for 71080.
Our pivot point is at 67580.
Our preference: as long as 67580 is support look for 71080.
Alternative scenario: the downside breakout of 67580 would call for 66250 and 65460.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (68709) but above its 50 period moving average (68188).
Supports and resistances:
72660 **
71870 *
71080 **
70290
68624 last
68100
67580 **
66250 *
65460 **
Our preference: as long as 67580 is support look for 71080.
Alternative scenario: the downside breakout of 67580 would call for 66250 and 65460.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (68709) but above its 50 period moving average (68188).
Supports and resistances:
72660 **
71870 *
71080 **
70290
68624 last
68100
67580 **
66250 *
65460 **
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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