Cryptocurrency

Bitcoin / Euro may rise to 63680 - 64220

2024-10-18

Our pivot point stands at 61820.

Our preference

As long as 61820 is support look for 64220.

Alternative scenario

The downside breakout of 61820 would call for 60910 and 60370.

Comment

The RSI is above its neutrality area at 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 62512 and 62149).

Supports and resistances

65310 **

64770 *

64220 **

63680

62541 last

62180

61820 **

60910 *

60370 **

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