Bitcoin Intraday: the upside prevails as long as 66670 is support
Oct 22, 2024 7:50 PM
the upside prevails as long as 66670 is support.
66670 is our pivot point.
Our preference:
the upside prevails as long as 66670 is support.
Alternative scenario:
below 66670, expect 65720 and 65150.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 67218 and 67346).
Supports and resistances:
70430 **
69860 *
69290 **
68730
67578 last
67040
66670 **
65720 *
65150 **
Our preference:
the upside prevails as long as 66670 is support.
Alternative scenario:
below 66670, expect 65720 and 65150.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 67218 and 67346).
Supports and resistances:
70430 **
69860 *
69290 **
68730
67578 last
67040
66670 **
65720 *
65150 **
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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