Cryptocurrency

Bitcoin / Euro may rise to 65740 - 66450

2024-05-28

Our pivot point stands at 63170.

Our preference

The upside prevails as long as 63170 is support.

Alternative scenario

Below 63170, expect 61980 and 61270.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 63856 and 63518).

Supports and resistances

67870 **

67160 *

66450 **

65740

64100 last

63630

63170 **

61980 *

61270 **

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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