Bitcoin Intraday: as long as 62440 is support look for 65660
Sep 20, 2024 1:02 PM
as long as 62440 is support look for 65660.
Our pivot point stands at 62440.
Our preference:
as long as 62440 is support look for 65660.
Alternative scenario:
the downside breakout of 62440 would call for 61190 and 60440.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (63562) but above its 50 period moving average (63307).
Supports and resistances:
67150 **
66400 *
65660 **
64910
63423 last
62930
62440 **
61190 *
60440 **
Our preference:
as long as 62440 is support look for 65660.
Alternative scenario:
the downside breakout of 62440 would call for 61190 and 60440.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (63562) but above its 50 period moving average (63307).
Supports and resistances:
67150 **
66400 *
65660 **
64910
63423 last
62930
62440 **
61190 *
60440 **
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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