Bitcoin Intraday: rebound towards 93300
Nov 17, 2024 7:47 AM
rebound towards 93300.
Our pivot point stands at 89310.
Our preference:
rebound towards 93300.
Alternative scenario:
below 89310, expect 87810 and 86910.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (90477) but below its 50 period moving average (90809).
Supports and resistances:
95100 **
94200 *
93300 **
92410
90564 last
89910
89310 **
87810 *
86910 **
Our preference:
rebound towards 93300.
Alternative scenario:
below 89310, expect 87810 and 86910.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (90477) but below its 50 period moving average (90809).
Supports and resistances:
95100 **
94200 *
93300 **
92410
90564 last
89910
89310 **
87810 *
86910 **
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