Trade Ideas #bitcoin☀️ is showing a mix signals 15 minutes time frame bearish and 30 minutes bullish #BinanceEarnProgram
Our pivot point is at 58750.
Our preference
Under pressure below 58750.
Alternative scenario
The upside breakout of 58750, would call for 59880 and 60550.
Comment
The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 58299 and 58236).
Supports and resistances
60550 **
59880 *
58750 **
58310
57865 last
56520
55850 **
55180 *
54510 **
Number of asterisks represents the strength of support and resistance levels