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Bitcoin Intraday: rebound towards 63960

May 14, 2024 8:26 PM
rebound towards 63960.
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Our pivot point stands at 60480.

Our preference: rebound towards 63960.

Alternative scenario: below 60480, expect 59160 and 58370.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 61626 and 62168).

Supports and resistances:
65540 **
64750 *
63960 **
63170
61589 last
61000
60480 **
59160 *
58370 **

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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