Bitcoin / Dollar intraday: rebound towards 69710

Limited Increase
u
1675394687367
BTCUSD+0%
2024-05-24 15:50Source:TC

66240 is our pivot point.

Our preference: rebound towards 69710.

Alternative scenario: below 66240, expect 64940 and 64170.

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 stands above its 20 period moving average (67278) but below its 50 period moving average (67571).

Supports and resistances:

71260 **

70490 *

69710 **

68940

67332 last

66760

66240 **

64940 *

64170 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-24-2024 at 15:50 UTC+1

Price reference: 67332 last known on 05-24-2024 at 15:50 UTC+1

Investment horizon: INTRADAY

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