Bitcoin / Euro may rise to 64790 - 65490

Our pivot point is at 62420.

Our preference

Our next up target stands at 65490.

Alternative scenario

The downside breakout of 62420 would call for 61240 and 60540.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 63165 and 63322).

Supports and resistances

66880 **

66190 *

65490 **

64790

63340 last

62880

62420 **

61240 *

60540 **

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