Cryptocurrency

Bitcoin / Euro may rise to 62150 - 62680

2024-06-19

Our pivot point is at 60380.

Our preference

The upside prevails as long as 60380 is support.

Alternative scenario

Below 60380, expect 59480 and 58950.

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 60636 and 60709).

Supports and resistances

63750 **

63210 *

62680 **

62150

61080 last

60730

60380 **

59480 *

58950 **

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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