Bitcoin Intraday: the downside prevails as long as 67080 is resistance
Oct 23, 2024 1:02 PM
the downside prevails as long as 67080 is resistance.
Our pivot point stands at 67080.
Our preference:
the downside prevails as long as 67080 is resistance.
Alternative scenario:
the upside breakout of 67080, would call for 68010 and 68570.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 66688 and 67040).
Supports and resistances:
68570 **
68010 *
67080 **
66710
66341 last
65230
64670 **
64110 *
63560 **
Our preference:
the downside prevails as long as 67080 is resistance.
Alternative scenario:
the upside breakout of 67080, would call for 68010 and 68570.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 66688 and 67040).
Supports and resistances:
68570 **
68010 *
67080 **
66710
66341 last
65230
64670 **
64110 *
63560 **
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%
