Bitcoin Intraday: bullish bias above 71050
Oct 30, 2024 6:35 AM
long positions above 71050 with targets at 73410 & 74020 in extension.
Pivot: 71050
Our preference:
long positions above 71050 with targets at 73410 & 74020 in extension.
Alternative scenario:
below 71050 look for further downside with 70040 & 69440 as targets.
Comment:
the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
74620
74020
73410
72481 Last
71050
70040
69440
Our preference:
long positions above 71050 with targets at 73410 & 74020 in extension.
Alternative scenario:
below 71050 look for further downside with 70040 & 69440 as targets.
Comment:
the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
74620
74020
73410
72481 Last
71050
70040
69440
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Bitcoin
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