Bitcoin Intraday: the downside prevails as long as 67730 is resistance
Oct 17, 2024 7:50 PM
the downside prevails as long as 67730 is resistance.
Our pivot point is at 67730.
Our preference:
the downside prevails as long as 67730 is resistance.
Alternative scenario:
above 67730, look for 68750 and 69350.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 67084 and 67336).
Supports and resistances:
69350 **
68750 *
67730 **
67330
66907 last
65650
65050 **
64440 *
63840 **
Our preference:
the downside prevails as long as 67730 is resistance.
Alternative scenario:
above 67730, look for 68750 and 69350.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 67084 and 67336).
Supports and resistances:
69350 **
68750 *
67730 **
67330
66907 last
65650
65050 **
64440 *
63840 **
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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