Bitcoin Intraday: the upside prevails as long as 60330 is support
Oct 3, 2024 6:47 AM
the upside prevails as long as 60330 is support.
Our pivot point stands at 60330.
Our preference:
the upside prevails as long as 60330 is support.
Alternative scenario:
below 60330, expect 59150 and 58440.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 61048 and 61197).
Supports and resistances:
64920 **
64210 *
63500 **
62790
61379 last
60800
60330 **
59150 *
58440 **
Our preference:
the upside prevails as long as 60330 is support.
Alternative scenario:
below 60330, expect 59150 and 58440.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 61048 and 61197).
Supports and resistances:
64920 **
64210 *
63500 **
62790
61379 last
60800
60330 **
59150 *
58440 **
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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