Bitcoin Intraday: rebound towards 97170
Nov 26, 2024 5:05 AM
rebound towards 97170.
93050 is our pivot point.
Our preference:
rebound towards 97170.
Alternative scenario:
the downside breakout of 93050 would call for 91470 and 90520.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (94279) but below its 50 period moving average (96086).
Supports and resistances:
99060 **
98110 *
97170 **
96230
94300 last
93680
93050 **
91470 *
90520 **
Our preference:
rebound towards 97170.
Alternative scenario:
the downside breakout of 93050 would call for 91470 and 90520.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (94279) but below its 50 period moving average (96086).
Supports and resistances:
99060 **
98110 *
97170 **
96230
94300 last
93680
93050 **
91470 *
90520 **
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