Bitcoin Intraday: above its upper Bollinger band
Oct 18, 2024 2:05 AM
the upside prevails as long as 67130 is support.
Our pivot point is at 67130.
Our preference:
the upside prevails as long as 67130 is support.
Alternative scenario:
the downside breakout of 67130 would call for 66090 and 65480.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 67265 and 67254). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 67950).
Supports and resistances:
71140 **
70520 *
69910 **
69290
68041 last
67530
67130 **
66090 *
65480 **
Our preference:
the upside prevails as long as 67130 is support.
Alternative scenario:
the downside breakout of 67130 would call for 66090 and 65480.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 67265 and 67254). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 67950).
Supports and resistances:
71140 **
70520 *
69910 **
69290
68041 last
67530
67130 **
66090 *
65480 **
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