Bitcoin Intraday: target 92560
Nov 28, 2024 3:05 AM
target 92560.
Our pivot point stands at 97180.
Our preference:
target 92560.
Alternative scenario:
the upside breakout of 97180, would call for 98890 and 99900.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (96314) but above its 50 period moving average (94761).
Supports and resistances:
99900 **
98890 *
97180 **
96520
95591 last
93570
92560 **
91550 *
90540 **
Our preference:
target 92560.
Alternative scenario:
the upside breakout of 97180, would call for 98890 and 99900.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (96314) but above its 50 period moving average (94761).
Supports and resistances:
99900 **
98890 *
97180 **
96520
95591 last
93570
92560 **
91550 *
90540 **
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