Bitcoin Intraday: rebound towards 66690
Apr 26, 2024 19:53
Bitcoin (BTC/USD)
227.59+0.36%
rebound towards 66690.
Our pivot point stands at 62570.
Our preference: rebound towards 66690.
Alternative scenario: the downside breakout of 62570 would call for 61030 and 60110.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 63974 and 64276).
Supports and resistances:
68530 **
67610 *
66690 **
65760
63797 last
63180
62570 **
61030 *
60110 **
Our preference: rebound towards 66690.
Alternative scenario: the downside breakout of 62570 would call for 61030 and 60110.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 63974 and 64276).
Supports and resistances:
68530 **
67610 *
66690 **
65760
63797 last
63180
62570 **
61030 *
60110 **
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