Bitcoin Intraday: the upside prevails as long as 95800 is support
Nov 21, 2024 7:46 AM
the upside prevails as long as 95800 is support.
Our pivot point stands at 95800.
Our preference:
the upside prevails as long as 95800 is support.
Alternative scenario:
below 95800, expect 94170 and 93200.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 95713 and 94604).
Supports and resistances:
102270 **
101300 *
100320 **
99350
97086 last
96440
95800 **
94170 *
93200 **
Our preference:
the upside prevails as long as 95800 is support.
Alternative scenario:
below 95800, expect 94170 and 93200.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 95713 and 94604).
Supports and resistances:
102270 **
101300 *
100320 **
99350
97086 last
96440
95800 **
94170 *
93200 **
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