Cryptocurrency

Bitcoin / USD may rise to 63210 - 63790

2024-06-28

Our pivot point stands at 61260.

Our preference

The upside prevails as long as 61260 is support.

Alternative scenario

Below 61260, expect 60280 and 59700.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 61638 and 61350).

Supports and resistances

64950 **

64370 *

63790 **

63210

62025 last

61640

61260 **

60280 *

59700 **

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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