Bitcoin Intraday: as long as 93020 is support look for 97550
Nov 20, 2024 8:50 PM
as long as 93020 is support look for 97550.
Our pivot point is at 93020.
Our preference:
as long as 93020 is support look for 97550.
Alternative scenario:
the downside breakout of 93020 would call for 91440 and 90490.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 94096 and 93154).
Supports and resistances:
99440 **
98490 *
97550 **
96600
94555 last
93650
93020 **
91440 *
90490 **
Our preference:
as long as 93020 is support look for 97550.
Alternative scenario:
the downside breakout of 93020 would call for 91440 and 90490.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 94096 and 93154).
Supports and resistances:
99440 **
98490 *
97550 **
96600
94555 last
93650
93020 **
91440 *
90490 **
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