Cryptocurrency

Bitcoin / Euro may rise to 64810 - 65490

2024-05-29

Our pivot point stands at 62530.

Our preference

The upside prevails as long as 62530 is support.

Alternative scenario

Below 62530, expect 61390 and 60720.

Comment

The RSI is above 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 63099 and 62762).

Supports and resistances

66840 **

66170 *

65490 **

64810

63452 last

62970

62530 **

61390 *

60720 **

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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