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Bitcoin Intraday: the upside prevails as long as 61660 is support
Oct 9, 2024 6:47 AM
the upside prevails as long as 61660 is support.
Our pivot point stands at 61660.
Our preference:
the upside prevails as long as 61660 is support.
Alternative scenario:
below 61660, expect 60720 and 60160.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 62295 and 62344).
Supports and resistances:
65290 **
64730 *
64160 **
63600
62399 last
62030
61660 **
60720 *
60160 **
Our preference:
the upside prevails as long as 61660 is support.
Alternative scenario:
below 61660, expect 60720 and 60160.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 62295 and 62344).
Supports and resistances:
65290 **
64730 *
64160 **
63600
62399 last
62030
61660 **
60720 *
60160 **
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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