Cryptocurrency

Bitcoin / Euro may rise to 63780 - 64440

2024-06-02

Our pivot point stands at 61560.

Our preference

As long as 61560 is support look for 64440.

Alternative scenario

Below 61560, expect 60440 and 59770.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (62449) but above its 50 period moving average (62425).

Supports and resistances

65770 **

65110 *

64440 **

63780

62446 last

61990

61560 **

60440 *

59770 **

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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