Cryptocurrency

Bitcoin / Euro may rise to 64380 - 65050

2024-05-29

61920 is our pivot point.

Our preference

Our next up target stands at 65050.

Alternative scenario

Below 61920, expect 60800 and 60130.

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 trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62644 and 62962).

Supports and resistances

66390 **

65720 *

65050 **

64380

63036 last

62360

61920 **

60800 *

60130 **

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