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Bitcoin Intraday: Pivot threshold in sight
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The downside prevails as long as 78,539 is resistance, with 75,847 and 75,141 as targets
Our pivot point is at 78,539.
Our preference: The downside prevails as long as 78,539 is resistance, with 75,847 and 75,141 as targets
Alternative scenario: above 78,539, look for 79,731 and 80,440.
Comment: The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.
Supports and resistances:
80,440 **
79,731 *
78,539 **
78,155 last
75,847
75,141 **
74,435 *
Our preference: The downside prevails as long as 78,539 is resistance, with 75,847 and 75,141 as targets
Alternative scenario: above 78,539, look for 79,731 and 80,440.
Comment: The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.
Supports and resistances:
80,440 **
79,731 *
78,539 **
78,155 last
75,847
75,141 **
74,435 *
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.
