Bitcoin Intraday: as long as 66320 is support look for 68940
Oct 16, 2024 4:05 AM
as long as 66320 is support look for 68940.
Our pivot point stands at 66320.
Our preference:
as long as 66320 is support look for 68940.
Alternative scenario:
below 66320, expect 65300 and 64690.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 66922 and 66304).
Supports and resistances:
70160 **
69550 *
68940 **
68340
67120 last
66720
66320 **
65300 *
64690 **
Our preference:
as long as 66320 is support look for 68940.
Alternative scenario:
below 66320, expect 65300 and 64690.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 66922 and 66304).
Supports and resistances:
70160 **
69550 *
68940 **
68340
67120 last
66720
66320 **
65300 *
64690 **
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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