Bitcoin Intraday: as long as 70130 is support look for 73390
Jun 6, 2024 12:47 AM
as long as 70130 is support look for 73390.
Our pivot point stands at 70130.
Our preference: as long as 70130 is support look for 73390.
Alternative scenario: below 70130, expect 68880 and 68140.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (71237) but above its 50 period moving average (71049).
Supports and resistances:
74880 **
74130 *
73390 **
72640
71125 last
70620
70130 **
68880 *
68140 **
Our preference: as long as 70130 is support look for 73390.
Alternative scenario: below 70130, expect 68880 and 68140.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (71237) but above its 50 period moving average (71049).
Supports and resistances:
74880 **
74130 *
73390 **
72640
71125 last
70620
70130 **
68880 *
68140 **
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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