Bitcoin Intraday: as long as 74520 is support look for 77110
Nov 7, 2024 1:05 AM
as long as 74520 is support look for 77110.
Our pivot point stands at 74520.
Our preference:
as long as 74520 is support look for 77110.
Alternative scenario:
below 74520, expect 73560 and 72990.
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 under its 20 period moving average (75323) but above its 50 period moving average (74346).
Supports and resistances:
78260 **
77690 *
77110 **
76540
75311 last
74900
74520 **
73560 *
72990 **
Our preference:
as long as 74520 is support look for 77110.
Alternative scenario:
below 74520, expect 73560 and 72990.
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 under its 20 period moving average (75323) but above its 50 period moving average (74346).
Supports and resistances:
78260 **
77690 *
77110 **
76540
75311 last
74900
74520 **
73560 *
72990 **
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