Bitcoin Intraday: target 58030
Sep 18, 2024 8:41 AM
target 58030.
61130 is our pivot point.
Our preference:
target 58030.
Alternative scenario:
above 61130, look for 62320 and 63030.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (60318) but above its 50 period moving average (60098).
Supports and resistances:
63030 **
62320 *
61130 **
60670
60195 last
58740
58030 **
57330 *
56620 **
Our preference:
target 58030.
Alternative scenario:
above 61130, look for 62320 and 63030.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (60318) but above its 50 period moving average (60098).
Supports and resistances:
63030 **
62320 *
61130 **
60670
60195 last
58740
58030 **
57330 *
56620 **
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
70665.32
1064.140000000014
+152.90%
