Bitcoin Intraday: rebound towards 65690
Apr 27, 2024 07:09
Bitcoin (BTC/USD)
549.6+0.89%
rebound towards 65690.
61640 is our pivot point.
Our preference: rebound towards 65690.
Alternative scenario: the downside breakout of 61640 would call for 60110 and 59210.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 63253 and 63750).
Supports and resistances:
67500 **
66590 *
65690 **
64780
62965 last
62230
61640 **
60110 *
59210 **
Our preference: rebound towards 65690.
Alternative scenario: the downside breakout of 61640 would call for 60110 and 59210.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 63253 and 63750).
Supports and resistances:
67500 **
66590 *
65690 **
64780
62965 last
62230
61640 **
60110 *
59210 **
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.
