Cryptocurrency

Bitcoin / Euro may rise to 65680 - 66320

2024-06-09

63530 is our pivot point.

Our preference

The upside prevails as long as 63530 is support.

Alternative scenario

The downside breakout of 63530 would call for 62460 and 61820.

Comment

The RSI is above its neutrality area at 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 64332 and 64298).

Supports and resistances

67600 **

66960 *

66320 **

65680

64410 last

63950

63530 **

62460 *

61820 **

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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