Bitcoin Intraday: our next up target stands at 60170
Sep 13, 2024 8:41 AM
our next up target stands at 60170.
Our pivot point stands at 57070.
Our preference:
our next up target stands at 60170.
Alternative scenario:
below 57070, expect 55870 and 55160.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 57994 and 58015).
Supports and resistances:
61590 **
60880 *
60170 **
59460
58016 last
57540
57070 **
55870 *
55160 **
Our preference:
our next up target stands at 60170.
Alternative scenario:
below 57070, expect 55870 and 55160.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 57994 and 58015).
Supports and resistances:
61590 **
60880 *
60170 **
59460
58016 last
57540
57070 **
55870 *
55160 **
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.
Related Instruments
Bitcoin
70341.56
-463.6100000000006
-65.50%
