Bitcoin Intraday: as long as 59150 is support look for 62250
Sep 18, 2024 2:05 AM
as long as 59150 is support look for 62250.
59150 is our pivot point.
Our preference:
as long as 59150 is support look for 62250.
Alternative scenario:
below 59150, expect 57960 and 57260.
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 under its 20 period moving average (60374) but above its 50 period moving average (59549).
Supports and resistances:
63660 **
62950 *
62250 **
61540
60081 last
59610
59150 **
57960 *
57260 **
Our preference:
as long as 59150 is support look for 62250.
Alternative scenario:
below 59150, expect 57960 and 57260.
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 under its 20 period moving average (60374) but above its 50 period moving average (59549).
Supports and resistances:
63660 **
62950 *
62250 **
61540
60081 last
59610
59150 **
57960 *
57260 **
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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