Bitcoin Intraday: rebound towards 102040
Dec 9, 2024 2:02 PM
rebound towards 102040.
Our pivot point stands at 97610.
Our preference:
rebound towards 102040.
Alternative scenario:
the downside breakout of 97610 would call for 95890 and 94870.
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 above its 20 period moving average (98885) but under its 50 period moving average (99477).
Supports and resistances:
104090 **
103070 *
102040 **
101020
98967 last
98290
97610 **
95890 *
94870 **
Our preference:
rebound towards 102040.
Alternative scenario:
the downside breakout of 97610 would call for 95890 and 94870.
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 above its 20 period moving average (98885) but under its 50 period moving average (99477).
Supports and resistances:
104090 **
103070 *
102040 **
101020
98967 last
98290
97610 **
95890 *
94870 **
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