Trade Ideas#BTC☀ shows bearish on the 1-hour time frame.
survey, anyone interested in live trading with me?.
Our pivot point stands at 57960.
Alternative scenario
Below 57960, expect 57100 and 56590.
Comment
The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (58598) but below its 50 period moving average (59543).
Supports and resistances
61480 **
60960 *
60440 **
59930
58641 last
58300
57960 **
57100 *
56590 **
Number of asterisks represents the strength of support and resistance levels