Bitcoin Intraday: rise to 69100
Oct 23, 2024 12:05 AM
rise to 69100.
Our pivot point stands at 66620.
Our preference:
rise to 69100.
Alternative scenario:
below 66620, expect 65670 and 65100.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading under its 20 period moving average (67382) but above its 50 period moving average (67307).
Supports and resistances:
70230 **
69670 *
69100 **
68540
67361 last
66990
66620 **
65670 *
65100 **
Our preference:
rise to 69100.
Alternative scenario:
below 66620, expect 65670 and 65100.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading under its 20 period moving average (67382) but above its 50 period moving average (67307).
Supports and resistances:
70230 **
69670 *
69100 **
68540
67361 last
66990
66620 **
65670 *
65100 **
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
91521.59
843.3300000000017
+93.00%
