Bitcoin Intraday: above its upper Bollinger band
Jun 3, 2024 2:53 AM
the upside prevails as long as 67390 is support.
Our pivot point stands at 67390.
Our preference: the upside prevails as long as 67390 is support.
Alternative scenario: below 67390, expect 66100 and 65340.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 67857 and 67825). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (68371).
Supports and resistances:
72370 **
71600 *
70840 **
70070
68538 last
67890
67390 **
66100 *
65340 **
Our preference: the upside prevails as long as 67390 is support.
Alternative scenario: below 67390, expect 66100 and 65340.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 67857 and 67825). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (68371).
Supports and resistances:
72370 **
71600 *
70840 **
70070
68538 last
67890
67390 **
66100 *
65340 **
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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