Bitcoin Intraday: rebound towards 64800
Oct 8, 2024 4:05 AM
rebound towards 64800.
61650 is our pivot point.
Our preference:
rebound towards 64800.
Alternative scenario:
below 61650, expect 60440 and 59720.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 62779 and 63185).
Supports and resistances:
66240 **
65520 *
64800 **
64080
62633 last
62130
61650 **
60440 *
59720 **
Our preference:
rebound towards 64800.
Alternative scenario:
below 61650, expect 60440 and 59720.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 62779 and 63185).
Supports and resistances:
66240 **
65520 *
64800 **
64080
62633 last
62130
61650 **
60440 *
59720 **
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Bitcoin
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