Bitcoin Intraday: target 66940
May 28, 2024 1:23 AM
target 66940.
Our pivot point stands at 70390.
Our preference: target 66940.
Alternative scenario: above 70390, look for 71690 and 72460.
Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (69714) but above its 50 period moving average (69127).
Supports and resistances:
72460 **
71690 *
70390 **
69870
69340 last
67720
66940 **
66170 *
65390 **
Our preference: target 66940.
Alternative scenario: above 70390, look for 71690 and 72460.
Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (69714) but above its 50 period moving average (69127).
Supports and resistances:
72460 **
71690 *
70390 **
69870
69340 last
67720
66940 **
66170 *
65390 **
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
70380.11
778.9300000000076
+111.90%
