Bitcoin Intraday: the downside prevails as long as 93470 is resistance
Nov 20, 2024 5:05 AM
the downside prevails as long as 93470 is resistance.
Our pivot point stands at 93470.
Our preference:
the downside prevails as long as 93470 is resistance.
Alternative scenario:
above 93470, look for 95020 and 95950.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 92275 and 92194).
Supports and resistances:
95950 **
95020 *
93470 **
92860
92183 last
90340
89410 **
88490 *
87570 **
Our preference:
the downside prevails as long as 93470 is resistance.
Alternative scenario:
above 93470, look for 95020 and 95950.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 92275 and 92194).
Supports and resistances:
95950 **
95020 *
93470 **
92860
92183 last
90340
89410 **
88490 *
87570 **
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