Bitcoin Intraday: rebound towards 96940
Nov 26, 2024 7:46 AM
rebound towards 96940.
Our pivot point stands at 92440.
Our preference:
rebound towards 96940.
Alternative scenario:
the downside breakout of 92440 would call for 90860 and 89920.
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 under both its 20 and 50 period moving average (respectively at 94226 and 95709).
Supports and resistances:
98830 **
97880 *
96940 **
96000
93799 last
93060
92440 **
90860 *
89920 **
Our preference:
rebound towards 96940.
Alternative scenario:
the downside breakout of 92440 would call for 90860 and 89920.
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 under both its 20 and 50 period moving average (respectively at 94226 and 95709).
Supports and resistances:
98830 **
97880 *
96940 **
96000
93799 last
93060
92440 **
90860 *
89920 **
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