Bitcoin Intraday: as long as 67670 is support look for 70380
Oct 20, 2024 7:50 PM
as long as 67670 is support look for 70380.
Our pivot point is at 67670.
Our preference:
as long as 67670 is support look for 70380.
Alternative scenario:
the downside breakout of 67670 would call for 66620 and 66000.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 68483 and 68359).
Supports and resistances:
71620 **
71000 *
70380 **
69760
68498 last
68080
67670 **
66620 *
66000 **
Our preference:
as long as 67670 is support look for 70380.
Alternative scenario:
the downside breakout of 67670 would call for 66620 and 66000.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 68483 and 68359).
Supports and resistances:
71620 **
71000 *
70380 **
69760
68498 last
68080
67670 **
66620 *
66000 **
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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