Tarde Ideas #BTC☀ shows a short-term downside in the 30-minute time frame. on the other hand, 1D time frame shows bullish. #BinanceCreatorsAward Please vote for Day trader 👍
Our pivot point stan 58640.
Our preference
As long as 58640 is support look for 61640.
Alternative scenario
Below 58640, expect 57480 and 56790.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 59489 and 59403).
Supports and resistances
63020 **
62330 *
61640 **
60950
59569 last
59090
58640 **
57480 *
56790 **
Number of asterisks represents the strength of support and resistance levels