Bitcoin Intraday: the downside prevails as long as 90630 is resistance
Nov 18, 2024 2:02 PM
the downside prevails as long as 90630 is resistance.

Our pivot point stands at 90630.
Our preference:
the downside prevails as long as 90630 is resistance.
Alternative scenario:
the upside breakout of 90630, would call for 92120 and 93010.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 91012 and 90473).
Supports and resistances:
93010 **
92120 *
90630 **
90050
89463 last
87690
86800 **
85920 *
85030 **
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