Bitcoin Intraday: rebound towards 62390
Oct 10, 2024 2:05 AM
rebound towards 62390.
Our pivot point stands at 60010.
Our preference:
rebound towards 62390.
Alternative scenario:
the downside breakout of 60010 would call for 59100 and 58550.
Comment:
the RSI is below 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 60890 and 61658).
Supports and resistances:
63480 **
62930 *
62390 **
61840
60752 last
60370
60010 **
59100 *
58550 **
Our preference:
rebound towards 62390.
Alternative scenario:
the downside breakout of 60010 would call for 59100 and 58550.
Comment:
the RSI is below 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 60890 and 61658).
Supports and resistances:
63480 **
62930 *
62390 **
61840
60752 last
60370
60010 **
59100 *
58550 **
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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