Cryptocurrency

Bitcoin / Euro may rise to 64460 - 65130

2024-05-31

Our pivot point stands at 61990.

Our preference

The upside prevails as long as 61990 is support.

Alternative scenario

Below 61990, expect 60860 and 60190.

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 62800 and 62673).

Supports and resistances

66480 **

65800 *

65130 **

64460

62942 last

62430

61990 **

60860 *

60190 **

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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