Bitcoin Intraday: rebound towards 69840
May 30, 2024 12:47 AM
rebound towards 69840.
Our pivot point stands at 66570.
Our preference: rebound towards 69840.
Alternative scenario: below 66570, expect 65300 and 64540.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (67481) but under its 50 period moving average (67909).
Supports and resistances:
71350 **
70600 *
69840 **
69090
67564 last
67070
66570 **
65300 *
64540 **
Our preference: rebound towards 69840.
Alternative scenario: below 66570, expect 65300 and 64540.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (67481) but under its 50 period moving average (67909).
Supports and resistances:
71350 **
70600 *
69840 **
69090
67564 last
67070
66570 **
65300 *
64540 **
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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Bitcoin
85761.45
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