Cryptocurrency

Bitcoin / Euro may rise to 64010 - 64550

2024-10-21

62160 is our pivot point.

Our preference

As long as 62160 is support look for 64550.

Alternative scenario

Below 62160, expect 61250 and 60710.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62892 and 62807).

Supports and resistances

65640 **

65090 *

64550 **

64010

62917 last

62520

62160 **

61250 *

60710 **

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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