Bitcoin Intraday: as long as 67230 is support look for 69700
Oct 25, 2024 4:05 AM
as long as 67230 is support look for 69700.
Our pivot point is at 67230.
Our preference:
as long as 67230 is support look for 69700.
Alternative scenario:
the downside breakout of 67230 would call for 66270 and 65700.
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 (68090) but above its 50 period moving average (67622).
Supports and resistances:
70840 **
70270 *
69700 **
69130
67978 last
67600
67230 **
66270 *
65700 **
Our preference:
as long as 67230 is support look for 69700.
Alternative scenario:
the downside breakout of 67230 would call for 66270 and 65700.
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 (68090) but above its 50 period moving average (67622).
Supports and resistances:
70840 **
70270 *
69700 **
69130
67978 last
67600
67230 **
66270 *
65700 **
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