Our pivot point stands at 64000.
Our preference
The upside prevails as long as 64000 is support.
Alternative scenario
The downside breakout of 64000 would call for 63040 and 62480.
Comment
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 64629 and 64699).
Supports and resistances
67630 **
67060 *
66490 **
65930
64790 last
64370
64000 **
63040 *
62480 **
Number of asterisks represents the strength of support and resistance levels.


