Bitcoin Intraday: as long as 100290 is support look for 104920
Dec 14, 2024 7:50 AM
as long as 100290 is support look for 104920.
Our pivot point is at 100290.
Our preference:
as long as 100290 is support look for 104920.
Alternative scenario:
below 100290, expect 98500 and 97430.
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 below its 20 period moving average (101755) but above its 50 period moving average (101144).
Supports and resistances:
107050 **
105980 *
104920 **
103850
101725 last
100990
100290 **
98500 *
97430 **
Our preference:
as long as 100290 is support look for 104920.
Alternative scenario:
below 100290, expect 98500 and 97430.
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 below its 20 period moving average (101755) but above its 50 period moving average (101144).
Supports and resistances:
107050 **
105980 *
104920 **
103850
101725 last
100990
100290 **
98500 *
97430 **
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