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Bitcoin Intraday: as long as 69990 is support look for 73240
Jun 5, 2024 2:30 AM
as long as 69990 is support look for 73240.
Our pivot point stands at 69990.
Our preference: as long as 69990 is support look for 73240.
Alternative scenario: below 69990, expect 68740 and 67990.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 70647 and 69782).
Supports and resistances:
74730 **
73980 *
73240 **
72500
70969 last
70480
69990 **
68740 *
67990 **
Our preference: as long as 69990 is support look for 73240.
Alternative scenario: below 69990, expect 68740 and 67990.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 70647 and 69782).
Supports and resistances:
74730 **
73980 *
73240 **
72500
70969 last
70480
69990 **
68740 *
67990 **
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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