Bitcoin Intraday: as long as 62570 is support look for 65860
Oct 7, 2024 6:47 AM
as long as 62570 is support look for 65860.
Our pivot point stands at 62570.
Our preference:
as long as 62570 is support look for 65860.
Alternative scenario:
the downside breakout of 62570 would call for 61340 and 60610.
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 63272 and 62708).
Supports and resistances:
67330 **
66600 *
65860 **
65130
63659 last
63050
62570 **
61340 *
60610 **
Our preference:
as long as 62570 is support look for 65860.
Alternative scenario:
the downside breakout of 62570 would call for 61340 and 60610.
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 63272 and 62708).
Supports and resistances:
67330 **
66600 *
65860 **
65130
63659 last
63050
62570 **
61340 *
60610 **
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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