Bitcoin Intraday: above its upper Bollinger band

Bitcoin (BTC/USD)
+363.61+0.56%
the upside prevails as long as 64580 is support.
image
Our pivot point is at 64580.

Our preference: the upside prevails as long as 64580 is support.

Alternative scenario: below 64580, expect 63740 and 63250.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 64757 and 64633). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 65242).

Supports and resistances:
67350 *
66860 **
66360
65367 last
64580 **
63740 *
63250 **

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.
goTop
quote