Bitcoin Intraday: target 66500
Oct 19, 2024 6:46 AM
target 66500.
Our pivot point is at 69220.
Our preference:
target 66500.
Alternative scenario:
above 69220, look for 70260 and 70880.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (68386) but above its 50 period moving average (68305).
Supports and resistances:
70880 **
70260 *
69220 **
68810
68359 last
67120
66500 **
65880 *
65260 **
Our preference:
target 66500.
Alternative scenario:
above 69220, look for 70260 and 70880.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (68386) but above its 50 period moving average (68305).
Supports and resistances:
70880 **
70260 *
69220 **
68810
68359 last
67120
66500 **
65880 *
65260 **
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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Bitcoin
92174.79
1496.5299999999988
+165.00%
