Cryptocurrency

Bitcoin / Euro may rise to 65960 - 66600

2024-06-05

Our pivot point stands at 63840.

Our preference

The upside prevails as long as 63840 is support.

Alternative scenario

Below 63840, expect 62760 and 62120.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 64307 and 63705).

Supports and resistances

67880 **

67240 *

66600 **

65960

64682 last

64260

63840 **

62760 *

62120 **

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