Bitcoin Intraday: as long as 67040 is support look for 69740
Oct 18, 2024 8:48 AM
as long as 67040 is support look for 69740.
Our pivot point is at 67040.
Our preference:
as long as 67040 is support look for 69740.
Alternative scenario:
below 67040, expect 66010 and 65400.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 67779 and 67383).
Supports and resistances:
70970 **
70360 *
69740 **
69130
67854 last
67450
67040 **
66010 *
65400 **
Our preference:
as long as 67040 is support look for 69740.
Alternative scenario:
below 67040, expect 66010 and 65400.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 67779 and 67383).
Supports and resistances:
70970 **
70360 *
69740 **
69130
67854 last
67450
67040 **
66010 *
65400 **
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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