Bitcoin Intraday: as long as 66200 is support look for 68960
Oct 16, 2024 6:50 AM
as long as 66200 is support look for 68960.
Our pivot point is at 66200.
Our preference:
as long as 66200 is support look for 68960.
Alternative scenario:
below 66200, expect 65180 and 64570.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 66995 and 66468).
Supports and resistances:
70180 **
69570 *
68960 **
68350
67115 last
66600
66200 **
65180 *
64570 **
Our preference:
as long as 66200 is support look for 68960.
Alternative scenario:
below 66200, expect 65180 and 64570.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 66995 and 66468).
Supports and resistances:
70180 **
69570 *
68960 **
68350
67115 last
66600
66200 **
65180 *
64570 **
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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