Bitcoin Intraday: as long as 101260 is support look for 106090
Dec 5, 2024 9:43 AM
as long as 101260 is support look for 106090.
Our pivot point stands at 101260.
Our preference:
as long as 101260 is support look for 106090.
Alternative scenario:
the downside breakout of 101260 would call for 99480 and 98420.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 101606 and 98689).
Supports and resistances:
108220 **
107150 *
106090 **
105020
102684 last
101970
101260 **
99480 *
98420 **
Our preference:
as long as 101260 is support look for 106090.
Alternative scenario:
the downside breakout of 101260 would call for 99480 and 98420.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 101606 and 98689).
Supports and resistances:
108220 **
107150 *
106090 **
105020
102684 last
101970
101260 **
99480 *
98420 **
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