Cryptocurrency

Bitcoin / Euro may rise to 66560 - 67210

2024-06-07

Our pivot point is at 64420.

Our preference

Our next up target stands at 67210.

Alternative scenario

Below 64420, expect 63340 and 62690.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 65005 and 65176).

Supports and resistances

68500 **

67860 *

67210 **

66560

65274 last

64850

64420 **

63340 *

62690 **

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