Bitcoin Intraday: as long as 62760 is support look for 66660
Bitcoin (BTC/USD)
+1919.38+3.00%
as long as 62760 is support look for 66660.
Our pivot point stands at 62760.
Our preference: as long as 62760 is support look for 66660.
Alternative scenario: the downside breakout of 62760 would call for 61400 and 60590.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64030 and 63777).
Supports and resistances:
68290 **
67480 *
66660 **
65840
64127 last
63300
62760 **
61400 *
60590 **
Our preference: as long as 62760 is support look for 66660.
Alternative scenario: the downside breakout of 62760 would call for 61400 and 60590.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64030 and 63777).
Supports and resistances:
68290 **
67480 *
66660 **
65840
64127 last
63300
62760 **
61400 *
60590 **
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