tradingkey.logo

Bitcoin Short Term: the upside prevails

Oct 14, 2024 4:43 AM
long positions above 57000 with targets at 69300 & 73840 in extension.
image
Pivot: 57000
Our preference:
long positions above 57000 with targets at 69300 & 73840 in extension.
Alternative scenario:
below 57000 look for further downside with 52600 & 49400 as targets.
Comment:
the RSI calls for a bounce.
Supports and resistances:
79000
73840
69300
64284 Last
57000
52600
49400
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.
KeyAI