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Bitcoin Intraday: the upside prevails as long as 90560 is support

Nov 18, 2024 9:41 AM
the upside prevails as long as 90560 is support.
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Our pivot point stands at 90560.
Our preference:
the upside prevails as long as 90560 is support.
Alternative scenario:
the downside breakout of 90560 would call for 89030 and 88120.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 90960 and 90554).
Supports and resistances:
96760 **
95850 *
94930 **
94020
91758 last
91160
90560 **
89030 *
88120 **
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