Trade Ideas #BTC☀ shows a mixed signal of 15,30 minutes bullish, but 1,&2 hours bearish. Please vote for Day trader 👍 #BinanceSquareCreatorAward
Our pivot point is at 57740.
Our preference
Rebound towards 60690.
Alternative scenario
Below 57740, expect 56600 and 55920.
Comment
The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (58581) but below its 50 period moving average (59296).
Supports and resistances
62050 **
61370 *
60690 **
60010
58654 last
58190
57740 **
56600 *
55920 **
Number of asterisks represents the strength of support and resistance levels.