Bitcoin Intraday: the downside prevails as long as 93140 is resistance
Nov 20, 2024 3:05 AM
the downside prevails as long as 93140 is resistance.
93140 is our pivot point.
Our preference:
the downside prevails as long as 93140 is resistance.
Alternative scenario:
above 93140, look for 94690 and 95610.
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 stands below its 20 and 50 period moving average (respectively at 92535 and 92130).
Supports and resistances:
95610 **
94690 *
93140 **
92530
91705 last
89870
88950 **
88030 *
87110 **
Our preference:
the downside prevails as long as 93140 is resistance.
Alternative scenario:
above 93140, look for 94690 and 95610.
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 stands below its 20 and 50 period moving average (respectively at 92535 and 92130).
Supports and resistances:
95610 **
94690 *
93140 **
92530
91705 last
89870
88950 **
88030 *
87110 **
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