Bitcoin Intraday: rebound towards 62180
Bitcoin (BTC/USD)
+753.65+1.24%
rebound towards 62180.
60190 is our pivot point.
Our preference: rebound towards 62180.
Alternative scenario: the downside breakout of 60190 would call for 59420 and 58960.
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 stands above its 20 period moving average (60645) but below its 50 period moving average (61355).
Supports and resistances:
62640 *
62180 **
61720
60800 last
60190 **
59420 *
58960 **
Our preference: rebound towards 62180.
Alternative scenario: the downside breakout of 60190 would call for 59420 and 58960.
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 stands above its 20 period moving average (60645) but below its 50 period moving average (61355).
Supports and resistances:
62640 *
62180 **
61720
60800 last
60190 **
59420 *
58960 **
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