Bitcoin Intraday: rebound towards 63940
May 15, 2024 12:23 AM
rebound towards 63940.

Our pivot point is at 60500.
Our preference: rebound towards 63940.
Alternative scenario: below 60500, expect 59170 and 58380.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (61543) but under its 50 period moving average (61920).
Supports and resistances:
65510 **
64730 *
63940 **
63150
61559 last
61020
60500 **
59170 *
58380 **
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