Bitcoin Intraday: the upside prevails as long as 66430 is support
Oct 24, 2024 2:05 AM
the upside prevails as long as 66430 is support.
Our pivot point stands at 66430.
Our preference:
the upside prevails as long as 66430 is support.
Alternative scenario:
the downside breakout of 66430 would call for 65480 and 64920.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 66421 and 66571).
Supports and resistances:
70050 **
69490 *
68920 **
68360
67218 last
66800
66430 **
65480 *
64920 **
Our preference:
the upside prevails as long as 66430 is support.
Alternative scenario:
the downside breakout of 66430 would call for 65480 and 64920.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 66421 and 66571).
Supports and resistances:
70050 **
69490 *
68920 **
68360
67218 last
66800
66430 **
65480 *
64920 **
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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