Bitcoin Intraday: as long as 70030 is support look for 73340
Jun 5, 2024 2:08 PM
as long as 70030 is support look for 73340.
Our pivot point is at 70030.
Our preference: as long as 70030 is support look for 73340.
Alternative scenario: below 70030, expect 68780 and 68030.
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 above its 20 and 50 period moving average (respectively at 70985 and 70698).
Supports and resistances:
74830 **
74080 *
73340 **
72590
71011 last
70520
70030 **
68780 *
68030 **
Our preference: as long as 70030 is support look for 73340.
Alternative scenario: below 70030, expect 68780 and 68030.
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 above its 20 and 50 period moving average (respectively at 70985 and 70698).
Supports and resistances:
74830 **
74080 *
73340 **
72590
71011 last
70520
70030 **
68780 *
68030 **
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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