Bitcoin Intraday: the upside prevails as long as 67390 is support
Oct 28, 2024 9:43 AM
the upside prevails as long as 67390 is support.
67390 is our pivot point.
Our preference:
the upside prevails as long as 67390 is support.
Alternative scenario:
below 67390, expect 66430 and 65860.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 67911 and 67707).
Supports and resistances:
71070 **
70500 *
69930 **
69350
68150 last
67770
67390 **
66430 *
65860 **
Our preference:
the upside prevails as long as 67390 is support.
Alternative scenario:
below 67390, expect 66430 and 65860.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 67911 and 67707).
Supports and resistances:
71070 **
70500 *
69930 **
69350
68150 last
67770
67390 **
66430 *
65860 **
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