Bitcoin / Euro may rise to 63860 - 64370

Our pivot point is at 62140.

Our preference

As long as 62140 is support look for 64370.

Alternative scenario

The downside breakout of 62140 would call for 61290 and 60780.

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 trading under its 20 period moving average (62906) but above its 50 period moving average (62565).

Supports and resistances

65380 **

64870 *

64370 **

63860

62839 last

62480

62140 **

61290 *

60780 **

Number of asterisks represents the strength of support and resistance levels.