Bitcoin Intraday: as long as 89500 is support look for 93990
Nov 13, 2024 8:50 PM
as long as 89500 is support look for 93990.
Our pivot point stands at 89500.
Our preference:
as long as 89500 is support look for 93990.
Alternative scenario:
below 89500, expect 87990 and 87090.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (90703) but above its 50 period moving average (88967).
Supports and resistances:
95800 **
94890 *
93990 **
93080
90701 last
90090
89500 **
87990 *
87090 **
Our preference:
as long as 89500 is support look for 93990.
Alternative scenario:
below 89500, expect 87990 and 87090.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (90703) but above its 50 period moving average (88967).
Supports and resistances:
95800 **
94890 *
93990 **
93080
90701 last
90090
89500 **
87990 *
87090 **
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