Bitcoin Intraday: as long as 67540 is support look for 70850
May 31, 2024 5:23 AM
as long as 67540 is support look for 70850.
Our pivot point stands at 67540.
Our preference: as long as 67540 is support look for 70850.
Alternative scenario: below 67540, expect 66250 and 65480.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 68474 and 68303).
Supports and resistances:
72380 **
71610 *
70850 **
70080
68548 last
68040
67540 **
66250 *
65480 **
Our preference: as long as 67540 is support look for 70850.
Alternative scenario: below 67540, expect 66250 and 65480.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 68474 and 68303).
Supports and resistances:
72380 **
71610 *
70850 **
70080
68548 last
68040
67540 **
66250 *
65480 **
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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