Bitcoin Intraday: as long as 67420 is support look for 69950
Oct 25, 2024 12:05 AM
as long as 67420 is support look for 69950.
Our pivot point stands at 67420.
Our preference:
as long as 67420 is support look for 69950.
Alternative scenario:
the downside breakout of 67420 would call for 66450 and 65880.
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 67961 and 67485).
Supports and resistances:
71090 **
70520 *
69950 **
69380
68220 last
67790
67420 **
66450 *
65880 **
Our preference:
as long as 67420 is support look for 69950.
Alternative scenario:
the downside breakout of 67420 would call for 66450 and 65880.
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 67961 and 67485).
Supports and resistances:
71090 **
70520 *
69950 **
69380
68220 last
67790
67420 **
66450 *
65880 **
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
91184.47
506.2100000000064
+55.80%
