Bitcoin Intraday: the upside prevails as long as 63390 is support
Sep 25, 2024 2:04 AM
the upside prevails as long as 63390 is support.
63390 is our pivot point.
Our preference:
the upside prevails as long as 63390 is support.
Alternative scenario:
the downside breakout of 63390 would call for 62120 and 61360.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 64095 and 63629).
Supports and resistances:
68210 **
67460 *
66700 **
65940
64390 last
63890
63390 **
62120 *
61360 **
Our preference:
the upside prevails as long as 63390 is support.
Alternative scenario:
the downside breakout of 63390 would call for 62120 and 61360.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 64095 and 63629).
Supports and resistances:
68210 **
67460 *
66700 **
65940
64390 last
63890
63390 **
62120 *
61360 **
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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