Bitcoin Intraday: the upside prevails as long as 59290 is support
Sep 18, 2024 7:50 PM
the upside prevails as long as 59290 is support.
59290 is our pivot point.
Our preference:
the upside prevails as long as 59290 is support.
Alternative scenario:
below 59290, expect 58100 and 57390.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 59912 and 60123).
Supports and resistances:
64080 **
63370 *
62650 **
61940
60362 last
59750
59290 **
58100 *
57390 **
Our preference:
the upside prevails as long as 59290 is support.
Alternative scenario:
below 59290, expect 58100 and 57390.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 59912 and 60123).
Supports and resistances:
64080 **
63370 *
62650 **
61940
60362 last
59750
59290 **
58100 *
57390 **
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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