Bitcoin Intraday: rebound towards 64380
May 14, 2024 2:20 PM
rebound towards 64380.
Our pivot point is at 60880.
Our preference: rebound towards 64380.
Alternative scenario: the downside breakout of 60880 would call for 59540 and 58750.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 61964 and 62494).
Supports and resistances:
65970 **
65170 *
64380 **
63580
61958 last
61400
60880 **
59540 *
58750 **
Our preference: rebound towards 64380.
Alternative scenario: the downside breakout of 60880 would call for 59540 and 58750.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 61964 and 62494).
Supports and resistances:
65970 **
65170 *
64380 **
63580
61958 last
61400
60880 **
59540 *
58750 **
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.
Related Instruments
Bitcoin
90320
135.91999999999825
+15.10%
