Bitcoin Intraday: target 94640
Nov 25, 2024 2:02 PM
target 94640.
Our pivot point is at 98860.
Our preference:
target 94640.
Alternative scenario:
above 98860, look for 100500 and 101480.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (98177) but above its 50 period moving average (97507).
Supports and resistances:
101480 **
100500 *
98860 **
98220
97572 last
95620
94640 **
93660 *
92680 **
Our preference:
target 94640.
Alternative scenario:
above 98860, look for 100500 and 101480.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (98177) but above its 50 period moving average (97507).
Supports and resistances:
101480 **
100500 *
98860 **
98220
97572 last
95620
94640 **
93660 *
92680 **
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