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Bitcoin Intraday: Pivot threshold in sight
Bitcoin (BTC/USD)
-29.60-0.05%
The downside prevails as long as 77,440 is resistance, with 75,835 and 75,423 as targets
Our pivot point is at 77,440.
Our preference: The downside prevails as long as 77,440 is resistance, with 75,835 and 75,423 as targets
Alternative scenario: above 77,440, look for 78,136 and 78,550.
Comment: Price is almost testing our pivot level; this may be the last chance for a reversal.
Supports and resistances:
78,550 **
78,136 *
77,440 **
76,993 last
75,835
75,423 **
75,010 *
Our preference: The downside prevails as long as 77,440 is resistance, with 75,835 and 75,423 as targets
Alternative scenario: above 77,440, look for 78,136 and 78,550.
Comment: Price is almost testing our pivot level; this may be the last chance for a reversal.
Supports and resistances:
78,550 **
78,136 *
77,440 **
76,993 last
75,835
75,423 **
75,010 *
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.
