Bitcoin Intraday: as long as 67470 is support look for 70830
May 29, 2024 7:26 AM
as long as 67470 is support look for 70830.
Our pivot point is at 67470.
Our preference: as long as 67470 is support look for 70830.
Alternative scenario: below 67470, expect 66190 and 65420.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (68524) but above its 50 period moving average (68242).
Supports and resistances:
72360 **
71590 *
70830 **
70060
68485 last
67980
67470 **
66190 *
65420 **
Our preference: as long as 67470 is support look for 70830.
Alternative scenario: below 67470, expect 66190 and 65420.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (68524) but above its 50 period moving average (68242).
Supports and resistances:
72360 **
71590 *
70830 **
70060
68485 last
67980
67470 **
66190 *
65420 **
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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