Cryptocurrency

Bitcoin / USD may rise to 68430 - 69020

2024-07-26

Our pivot point stands at 66410.

Our preference

As long as 66410 is support look for 69020.

Alternative scenario

Below 66410, expect 65420 and 64830.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 67088 and 65866).

Supports and resistances

70200 **

69610 *

69020 **

68430

67246 last

66800

66410 **

65420 *

64830 **

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

Introduction to Tradingtop Site


Return to All Articles