Bitcoin Intraday: as long as 62650 is support look for 65850
Oct 7, 2024 8:41 AM
as long as 62650 is support look for 65850.
Our pivot point stands at 62650.
Our preference:
as long as 62650 is support look for 65850.
Alternative scenario:
below 62650, expect 61420 and 60690.
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 63490 and 62837).
Supports and resistances:
67320 **
66590 *
65850 **
65120
63620 last
63140
62650 **
61420 *
60690 **
Our preference:
as long as 62650 is support look for 65850.
Alternative scenario:
below 62650, expect 61420 and 60690.
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 63490 and 62837).
Supports and resistances:
67320 **
66590 *
65850 **
65120
63620 last
63140
62650 **
61420 *
60690 **
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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