Bitcoin Intraday: rebound towards 99480
Dec 11, 2024 1:05 AM
rebound towards 99480.
Our pivot point stands at 94790.
Our preference:
rebound towards 99480.
Alternative scenario:
below 94790, expect 93100 and 92090.
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 (96095) but under its 50 period moving average (96846).
Supports and resistances:
101500 **
100490 *
99480 **
98470
96183 last
95450
94790 **
93100 *
92090 **
Our preference:
rebound towards 99480.
Alternative scenario:
below 94790, expect 93100 and 92090.
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 (96095) but under its 50 period moving average (96846).
Supports and resistances:
101500 **
100490 *
99480 **
98470
96183 last
95450
94790 **
93100 *
92090 **
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