Bitcoin Intraday: technical rebound towards 101670 before a new drop
Dec 13, 2024 2:02 PM
technical rebound towards 101670 before a new drop.
Our pivot point is at 101670.
Our preference:
technical rebound towards 101670 before a new drop.
Alternative scenario:
above 101670, look for 103440 and 104490.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (100163) but below its 50 period moving average (100333).
Supports and resistances:
104490 **
103440 *
101670 **
100980
100231 last
98130
97080 **
96040 *
94990 **
Our preference:
technical rebound towards 101670 before a new drop.
Alternative scenario:
above 101670, look for 103440 and 104490.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (100163) but below its 50 period moving average (100333).
Supports and resistances:
104490 **
103440 *
101670 **
100980
100231 last
98130
97080 **
96040 *
94990 **
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