Bitcoin Intraday: rebound
Oct 3, 2024 2:05 AM
rebound.
Our pivot point is at 60050.
Our preference:
rebound.
Alternative scenario:
below 60050, expect 58870 and 58170.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (60909) but under its 50 period moving average (61251).
Supports and resistances:
64540 **
63840 *
63140 **
62430
61024 last
60520
60050 **
58870 *
58170 **
Our preference:
rebound.
Alternative scenario:
below 60050, expect 58870 and 58170.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (60909) but under its 50 period moving average (61251).
Supports and resistances:
64540 **
63840 *
63140 **
62430
61024 last
60520
60050 **
58870 *
58170 **
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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