Cryptocurrency

Bitcoin / USD may rise to 63600 - 64160

2024-10-09

Our pivot point stands at 61660.

Our preference

The upside prevails as long as 61660 is support.

Alternative scenario

Below 61660, expect 60720 and 60160.

Comment

The RSI is above its neutrality area at 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 62295 and 62344).

Supports and resistances

65290 **

64730 *

64160 **

63600

62399 last

62030

61660 **

60720 *

60160 **

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