Bitcoin Intraday: the upside prevails as long as 62240 is support
Sep 21, 2024 7:50 PM
the upside prevails as long as 62240 is support.
Our pivot point stands at 62240.
Our preference:
the upside prevails as long as 62240 is support.
Alternative scenario:
below 62240, expect 60990 and 60250.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 63194 and 63093).
Supports and resistances:
67000 **
66260 *
65510 **
64770
63241 last
62730
62240 **
60990 *
60250 **
Our preference:
the upside prevails as long as 62240 is support.
Alternative scenario:
below 62240, expect 60990 and 60250.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 63194 and 63093).
Supports and resistances:
67000 **
66260 *
65510 **
64770
63241 last
62730
62240 **
60990 *
60250 **
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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