Cryptocurrency

Bitcoin / Euro may rise to 61530 - 62040

2024-10-15

59760 is our pivot point.

Our preference

As long as 59760 is support look for 62040.

Alternative scenario

Below 59760, expect 58890 and 58370.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 60291 and 59267).

Supports and resistances

63080 **

62560 *

62040 **

61530

60448 last

60100

59760 **

58890 *

58370 **

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