Bitcoin Intraday: the downside prevails as long as 64160 is resistance
Sep 26, 2024 2:04 AM
the downside prevails as long as 64160 is resistance.
Our pivot point is at 64160.
Our preference:
the downside prevails as long as 64160 is resistance.
Alternative scenario:
above 64160, look for 65410 and 66150.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 63230 and 63642).
Supports and resistances:
66150 **
65410 *
64160 **
63670
63171 last
61630
60890 **
60150 *
59410 **
Our preference:
the downside prevails as long as 64160 is resistance.
Alternative scenario:
above 64160, look for 65410 and 66150.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 63230 and 63642).
Supports and resistances:
66150 **
65410 *
64160 **
63670
63171 last
61630
60890 **
60150 *
59410 **
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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