Bitcoin Intraday: as long as 87620 is support look for 90580
Nov 12, 2024 5:05 AM
as long as 87620 is support look for 90580.
87620 is our pivot point.
Our preference:
as long as 87620 is support look for 90580.
Alternative scenario:
the downside breakout of 87620 would call for 86490 and 85810.
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 above its 20 and 50 period moving average (respectively at 88080 and 84777).
Supports and resistances:
91920 **
91250 *
90580 **
89900
88559 last
88060
87620 **
86490 *
85810 **
Our preference:
as long as 87620 is support look for 90580.
Alternative scenario:
the downside breakout of 87620 would call for 86490 and 85810.
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 above its 20 and 50 period moving average (respectively at 88080 and 84777).
Supports and resistances:
91920 **
91250 *
90580 **
89900
88559 last
88060
87620 **
86490 *
85810 **
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