Bitcoin Intraday: as long as 75270 is support look for 77950
Nov 8, 2024 7:46 AM
as long as 75270 is support look for 77950.
Our pivot point is at 75270.
Our preference:
as long as 75270 is support look for 77950.
Alternative scenario:
below 75270, expect 74300 and 73720.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 75978 and 75720).
Supports and resistances:
79110 **
78530 *
77950 **
77370
76212 last
75650
75270 **
74300 *
73720 **
Our preference:
as long as 75270 is support look for 77950.
Alternative scenario:
below 75270, expect 74300 and 73720.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 75978 and 75720).
Supports and resistances:
79110 **
78530 *
77950 **
77370
76212 last
75650
75270 **
74300 *
73720 **
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