The pair could retrace.
Our pivot point is at 46760.00.
Our preference: as long as 46760 is support look for 50445.
Alternative scenario: below 46760, expect 45420 and 44625.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 47781 and 47745).
Supports and resistances:
52050.00 **
51250.00 *
50445.00 **
49645.00
47975.00 last
47285.00
46760.00 **
45420.00 *
44625.00 **
Our pivot point is at 46760.00.
Our preference: as long as 46760 is support look for 50445.
Alternative scenario: below 46760, expect 45420 and 44625.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 47781 and 47745).
Supports and resistances:
52050.00 **
51250.00 *
50445.00 **
49645.00
47975.00 last
47285.00
46760.00 **
45420.00 *
44625.00 **
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.