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Bitcoin Intraday: as long as 103090 is support look for 107950
Dec 16, 2024 5:05 AM
as long as 103090 is support look for 107950.
Our pivot point is at 103090.
Our preference:
as long as 103090 is support look for 107950.
Alternative scenario:
the downside breakout of 103090 would call for 101250 and 100160.
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 104185 and 103182).
Supports and resistances:
110140 **
109040 *
107950 **
106850
104530 last
103810
103090 **
101250 *
100160 **
Our preference:
as long as 103090 is support look for 107950.
Alternative scenario:
the downside breakout of 103090 would call for 101250 and 100160.
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 104185 and 103182).
Supports and resistances:
110140 **
109040 *
107950 **
106850
104530 last
103810
103090 **
101250 *
100160 **
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