Cryptocurrency

Bitcoin / Euro may rise to 63680 - 64220

2024-07-22

Our pivot point is at 61800.

Our preference

The upside prevails as long as 61800 is support.

Alternative scenario

Below 61800, expect 60900 and 60360.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62003 and 61698).

Supports and resistances

65300 **

64760 *

64220 **

63680

62610 last

62150

61800 **

60900 *

60360 **

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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