Bitcoin Intraday: the upside prevails as long as 75780 is support
Nov 8, 2024 8:50 PM
the upside prevails as long as 75780 is support.

Our pivot point is at 75780.
Our preference:
the upside prevails as long as 75780 is support.
Alternative scenario:
the downside breakout of 75780 would call for 74800 and 74220.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 76361 and 76172).
Supports and resistances:
79660 **
79080 *
78490 **
77910
76611 last
76160
75780 **
74800 *
74220 **
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