Bitcoin Intraday: rebound towards 71100
Nov 1, 2024 7:48 AM
rebound towards 71100.
Our pivot point stands at 68410.
Our preference:
rebound towards 71100.
Alternative scenario:
below 68410, expect 67440 and 66860.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 69674 and 70620).
Supports and resistances:
72270 **
71680 *
71100 **
70520
69192 last
68800
68410 **
67440 *
66860 **
Our preference:
rebound towards 71100.
Alternative scenario:
below 68410, expect 67440 and 66860.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 69674 and 70620).
Supports and resistances:
72270 **
71680 *
71100 **
70520
69192 last
68800
68410 **
67440 *
66860 **
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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Bitcoin
90647.75
104.88999999999942
+11.60%
