Bitcoin Intraday: rebound towards 69190
Oct 22, 2024 4:05 AM
rebound towards 69190.
Our pivot point stands at 66530.
Our preference:
rebound towards 69190.
Alternative scenario:
the downside breakout of 66530 would call for 65510 and 64900.
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 67491 and 67853).
Supports and resistances:
70400 **
69800 *
69190 **
68580
67344 last
66930
66530 **
65510 *
64900 **
Our preference:
rebound towards 69190.
Alternative scenario:
the downside breakout of 66530 would call for 65510 and 64900.
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 67491 and 67853).
Supports and resistances:
70400 **
69800 *
69190 **
68580
67344 last
66930
66530 **
65510 *
64900 **
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.
Related Instruments
Bitcoin
91900
1221.7400000000052
+134.70%
