Bitcoin Intraday: as long as 61820 is support look for 65000
Oct 7, 2024 12:05 AM
as long as 61820 is support look for 65000.
Our pivot point is at 61820.
Our preference:
as long as 61820 is support look for 65000.
Alternative scenario:
the downside breakout of 61820 would call for 60600 and 59870.
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 above its 20 and 50 period moving average (respectively at 62650 and 62276).
Supports and resistances:
66450 **
65720 *
65000 **
64270
62779 last
62290
61820 **
60600 *
59870 **
Our preference:
as long as 61820 is support look for 65000.
Alternative scenario:
the downside breakout of 61820 would call for 60600 and 59870.
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 above its 20 and 50 period moving average (respectively at 62650 and 62276).
Supports and resistances:
66450 **
65720 *
65000 **
64270
62779 last
62290
61820 **
60600 *
59870 **
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.
Related Instruments
Bitcoin
69349.96
-620.1699999999983
-88.60%
