Bitcoin Intraday: the upside prevails as long as 75560 is support
Nov 8, 2024 2:02 PM
the upside prevails as long as 75560 is support.
Our pivot point is at 75560.
Our preference:
the upside prevails as long as 75560 is support.
Alternative scenario:
below 75560, expect 74580 and 74000.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 76077 and 76020).
Supports and resistances:
79230 **
78650 *
78070 **
77490
76325 last
75940
75560 **
74580 *
74000 **
Our preference:
the upside prevails as long as 75560 is support.
Alternative scenario:
below 75560, expect 74580 and 74000.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 76077 and 76020).
Supports and resistances:
79230 **
78650 *
78070 **
77490
76325 last
75940
75560 **
74580 *
74000 **
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