Bitcoin Intraday: as long as 67140 is support look for 69710
Oct 25, 2024 2:05 AM
as long as 67140 is support look for 69710.
Our pivot point is at 67140.
Our preference:
as long as 67140 is support look for 69710.
Alternative scenario:
the downside breakout of 67140 would call for 66190 and 65620.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (68013) but above its 50 period moving average (67566).
Supports and resistances:
70850 **
70280 *
69710 **
69140
68000 last
67520
67140 **
66190 *
65620 **
Our preference:
as long as 67140 is support look for 69710.
Alternative scenario:
the downside breakout of 67140 would call for 66190 and 65620.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (68013) but above its 50 period moving average (67566).
Supports and resistances:
70850 **
70280 *
69710 **
69140
68000 last
67520
67140 **
66190 *
65620 **
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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