Bitcoin Intraday: rebound towards 101460
Dec 6, 2024 9:45 AM
rebound towards 101460.
Our pivot point stands at 96850.
Our preference:
rebound towards 101460.
Alternative scenario:
below 96850, expect 95140 and 94120.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (97948) but under its 50 period moving average (99678).
Supports and resistances:
103500 **
102480 *
101460 **
100440
98299 last
97520
96850 **
95140 *
94120 **
Our preference:
rebound towards 101460.
Alternative scenario:
below 96850, expect 95140 and 94120.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (97948) but under its 50 period moving average (99678).
Supports and resistances:
103500 **
102480 *
101460 **
100440
98299 last
97520
96850 **
95140 *
94120 **
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