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Bitcoin Intraday: towards 67400

Nov 1, 2024 3:50 AM
short positions below 70550 with targets at 68630 & 67400 in extension.
image
Pivot: 70550
Our preference:
short positions below 70550 with targets at 68630 & 67400 in extension.
Alternative scenario:
above 70550 look for further upside with 71420 & 72650 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
72650
71420
70550
69283 Last
68630
67400
66460
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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