Bitcoin Intraday: as long as 66950 is support look for 69420
Oct 28, 2024 3:05 AM
as long as 66950 is support look for 69420.
Our pivot point stands at 66950.
Our preference:
as long as 66950 is support look for 69420.
Alternative scenario:
the downside breakout of 66950 would call for 65990 and 65430.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (67792) but above its 50 period moving average (67471).
Supports and resistances:
70560 **
69990 *
69420 **
68850
67699 last
67320
66950 **
65990 *
65430 **
Our preference:
as long as 66950 is support look for 69420.
Alternative scenario:
the downside breakout of 66950 would call for 65990 and 65430.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (67792) but above its 50 period moving average (67471).
Supports and resistances:
70560 **
69990 *
69420 **
68850
67699 last
67320
66950 **
65990 *
65430 **
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
90678.26
135.39999999999418
+15.00%
