Bitcoin Intraday: as long as 99450 is support look for 104030
Dec 12, 2024 1:02 PM
as long as 99450 is support look for 104030.
Our pivot point is at 99450.
Our preference:
as long as 99450 is support look for 104030.
Alternative scenario:
the downside breakout of 99450 would call for 97680 and 96630.
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 trading above both its 20 and 50 period moving average (respectively at 100751 and 100662).
Supports and resistances:
106140 **
105080 *
104030 **
102970
100846 last
100150
99450 **
97680 *
96630 **
Our preference:
as long as 99450 is support look for 104030.
Alternative scenario:
the downside breakout of 99450 would call for 97680 and 96630.
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 trading above both its 20 and 50 period moving average (respectively at 100751 and 100662).
Supports and resistances:
106140 **
105080 *
104030 **
102970
100846 last
100150
99450 **
97680 *
96630 **
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