Bitcoin Intraday: rebound towards 97510
Nov 26, 2024 3:05 AM
rebound towards 97510.
93320 is our pivot point.
Our preference:
rebound towards 97510.
Alternative scenario:
the downside breakout of 93320 would call for 91730 and 90780.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (94465) but under its 50 period moving average (96364).
Supports and resistances:
99410 **
98460 *
97510 **
96560
94665 last
93950
93320 **
91730 *
90780 **
Our preference:
rebound towards 97510.
Alternative scenario:
the downside breakout of 93320 would call for 91730 and 90780.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (94465) but under its 50 period moving average (96364).
Supports and resistances:
99410 **
98460 *
97510 **
96560
94665 last
93950
93320 **
91730 *
90780 **
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