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Bitcoin Intraday: the upside prevails as long as 67300 is support

Jun 3, 2024 5:29 AM
the upside prevails as long as 67300 is support.
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Our pivot point is at 67300.

Our preference: the upside prevails as long as 67300 is support.

Alternative scenario: below 67300, expect 66010 and 65250.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 67993 and 67889).

Supports and resistances:
72140 **
71380 *
70620 **
69850
68325 last
67800
67300 **
66010 *
65250 **

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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