Bitcoin Intraday: the upside prevails as long as 66560 is support
Oct 24, 2024 6:48 AM
the upside prevails as long as 66560 is support.
Our pivot point stands at 66560.
Our preference:
the upside prevails as long as 66560 is support.
Alternative scenario:
the downside breakout of 66560 would call for 65610 and 65050.
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 67001 and 66616).
Supports and resistances:
70210 **
69640 *
69080 **
68510
67324 last
66940
66560 **
65610 *
65050 **
Our preference:
the upside prevails as long as 66560 is support.
Alternative scenario:
the downside breakout of 66560 would call for 65610 and 65050.
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 67001 and 66616).
Supports and resistances:
70210 **
69640 *
69080 **
68510
67324 last
66940
66560 **
65610 *
65050 **
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