Bitcoin Intraday: as long as 61150 is support look for 64350
Oct 5, 2024 6:47 AM
as long as 61150 is support look for 64350.
Our pivot point is at 61150.
Our preference:
as long as 61150 is support look for 64350.
Alternative scenario:
the downside breakout of 61150 would call for 59950 and 59230.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62081 and 61843).
Supports and resistances:
65790 **
65070 *
64350 **
63630
62187 last
61620
61150 **
59950 *
59230 **
Our preference:
as long as 61150 is support look for 64350.
Alternative scenario:
the downside breakout of 61150 would call for 59950 and 59230.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62081 and 61843).
Supports and resistances:
65790 **
65070 *
64350 **
63630
62187 last
61620
61150 **
59950 *
59230 **
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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