Bitcoin Intraday: as long as 74270 is support look for 76840
Nov 7, 2024 9:46 AM
as long as 74270 is support look for 76840.

Our pivot point stands at 74270.
Our preference:
as long as 74270 is support look for 76840.
Alternative scenario:
the downside breakout of 74270 would call for 73310 and 72740.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (75082) but above its 50 period moving average (74893).
Supports and resistances:
77980 **
77410 *
76840 **
76270
75025 last
74650
74270 **
73310 *
72740 **
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