Bitcoin Intraday: as long as 75140 is support look for 77680
Nov 8, 2024 5:05 AM
as long as 75140 is support look for 77680.
75140 is our pivot point.
Our preference:
as long as 75140 is support look for 77680.
Alternative scenario:
below 75140, expect 74170 and 73590.
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 below its 20 period moving average (76072) but above its 50 period moving average (75596).
Supports and resistances:
78840 **
78260 *
77680 **
77110
75950 last
75520
75140 **
74170 *
73590 **
Our preference:
as long as 75140 is support look for 77680.
Alternative scenario:
below 75140, expect 74170 and 73590.
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 below its 20 period moving average (76072) but above its 50 period moving average (75596).
Supports and resistances:
78840 **
78260 *
77680 **
77110
75950 last
75520
75140 **
74170 *
73590 **
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