Bitcoin Intraday: rebound towards 60900
Sep 16, 2024 6:48 AM
rebound towards 60900.
Our pivot point stands at 57700.
Our preference:
rebound towards 60900.
Alternative scenario:
the downside breakout of 57700 would call for 56490 and 55770.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 58811 and 59552).
Supports and resistances:
62340 **
61620 *
60900 **
60170
58647 last
58170
57700 **
56490 *
55770 **
Our preference:
rebound towards 60900.
Alternative scenario:
the downside breakout of 57700 would call for 56490 and 55770.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 58811 and 59552).
Supports and resistances:
62340 **
61620 *
60900 **
60170
58647 last
58170
57700 **
56490 *
55770 **
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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Bitcoin
70773.92
-31.25
-4.40%
