Bitcoin Intraday: target 65810
Oct 18, 2024 1:04 PM
target 65810.
68460 is our pivot point.
Our preference:
target 65810.
Alternative scenario:
above 68460, look for 69490 and 70100.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (67840) but above its 50 period moving average (67502).
Supports and resistances:
70100 **
69490 *
68460 **
68050
67649 last
66420
65810 **
65200 *
64590 **
Our preference:
target 65810.
Alternative scenario:
above 68460, look for 69490 and 70100.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (67840) but above its 50 period moving average (67502).
Supports and resistances:
70100 **
69490 *
68460 **
68050
67649 last
66420
65810 **
65200 *
64590 **
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