Bitcoin Intraday: rebound towards 69220
Oct 22, 2024 12:05 AM
rebound towards 69220.
Our pivot point stands at 66510.
Our preference:
rebound towards 69220.
Alternative scenario:
the downside breakout of 66510 would call for 65490 and 64880.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 67453 and 68135).
Supports and resistances:
70440 **
69830 *
69220 **
68610
67322 last
66910
66510 **
65490 *
64880 **
Our preference:
rebound towards 69220.
Alternative scenario:
the downside breakout of 66510 would call for 65490 and 64880.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 67453 and 68135).
Supports and resistances:
70440 **
69830 *
69220 **
68610
67322 last
66910
66510 **
65490 *
64880 **
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
91900
1221.7400000000052
+134.70%
