Bitcoin Intraday: rebound towards 103240
Dec 13, 2024 5:05 AM
rebound towards 103240.
Our pivot point is at 98630.
Our preference:
rebound towards 103240.
Alternative scenario:
the downside breakout of 98630 would call for 96870 and 95820.
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 (99854) but under its 50 period moving average (100540).
Supports and resistances:
105330 **
104290 *
103240 **
102190
100098 last
99320
98630 **
96870 *
95820 **
Our preference:
rebound towards 103240.
Alternative scenario:
the downside breakout of 98630 would call for 96870 and 95820.
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 (99854) but under its 50 period moving average (100540).
Supports and resistances:
105330 **
104290 *
103240 **
102190
100098 last
99320
98630 **
96870 *
95820 **
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