Bitcoin Intraday: the downside prevails as long as 66630 is resistance
Sep 30, 2024 12:05 AM
the downside prevails as long as 66630 is resistance.
66630 is our pivot point.
Our preference:
the downside prevails as long as 66630 is resistance.
Alternative scenario:
above 66630, look for 67930 and 68700.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 65768 and 65718).
Supports and resistances:
68700 **
67930 *
66630 **
66120
65572 last
64030
63260 **
62490 *
61720 **
Our preference:
the downside prevails as long as 66630 is resistance.
Alternative scenario:
above 66630, look for 67930 and 68700.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 65768 and 65718).
Supports and resistances:
68700 **
67930 *
66630 **
66120
65572 last
64030
63260 **
62490 *
61720 **
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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