Cryptocurrency

Bitcoin / Euro may rise to 73300 - 78010

2024-05-28

Our pivot point stands at 57630.

Our preference

The upside prevails as long as 57630 is support.

Alternative scenario

Below 57630, expect 49710 and 44990.

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 above its 20 and 50 period moving average (respectively at 61166 and 60465).

Supports and resistances

87440 **

82730 *

78010 **

73300

63849 last

60740

57630 **

49710 *

44990 **

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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