Bitcoin Intraday: rebound towards 60120
Sep 16, 2024 7:50 PM
rebound towards 60120.
Our pivot point stands at 56920.
Our preference:
rebound towards 60120.
Alternative scenario:
the downside breakout of 56920 would call for 55730 and 55020.
Comment:
the RSI is below its neutrality area at 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 58164 and 58642).
Supports and resistances:
61540 **
60830 *
60120 **
59410
57933 last
57390
56920 **
55730 *
55020 **
Our preference:
rebound towards 60120.
Alternative scenario:
the downside breakout of 56920 would call for 55730 and 55020.
Comment:
the RSI is below its neutrality area at 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 58164 and 58642).
Supports and resistances:
61540 **
60830 *
60120 **
59410
57933 last
57390
56920 **
55730 *
55020 **
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
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