Bitcoin Short Term: towards 80900

Jun 3, 2024 6:59 AM

long positions above 60000 with targets at 77300 & 80900 in extension.

Pivot: 60000

Our preference: long positions above 60000 with targets at 77300 & 80900 in extension.

Alternative scenario: below 60000 look for further downside with 50800 & 48000 as targets.

Comment: the RSI advocates for further advance.

Supports and resistances:
89000
80900
77300
69000 Last
60000
50800
48000

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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