Bitcoin Intraday: as long as 88380 is support look for 91580
Nov 12, 2024 7:49 AM
as long as 88380 is support look for 91580.
Our pivot point is at 88380.
Our preference:
as long as 88380 is support look for 91580.
Alternative scenario:
below 88380, expect 87240 and 86560.
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 88511 and 85576).
Supports and resistances:
92940 **
92260 *
91580 **
90900
89360 last
88820
88380 **
87240 *
86560 **
Our preference:
as long as 88380 is support look for 91580.
Alternative scenario:
below 88380, expect 87240 and 86560.
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 88511 and 85576).
Supports and resistances:
92940 **
92260 *
91580 **
90900
89360 last
88820
88380 **
87240 *
86560 **
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