Bitcoin Short Term: further advance
Dec 16, 2024 8:27 AM
long positions above 86530 with targets at 112390 & 119510 in extension.
Pivot: 86530
Our preference:
long positions above 86530 with targets at 112390 & 119510 in extension.
Alternative scenario:
below 86530 look for further downside with 74880 & 67940 as targets.
Comment:
the RSI is bullish and calls for further upside.
Supports and resistances:
126620
119510
112390
104809 Last
86530
74880
67940
Our preference:
long positions above 86530 with targets at 112390 & 119510 in extension.
Alternative scenario:
below 86530 look for further downside with 74880 & 67940 as targets.
Comment:
the RSI is bullish and calls for further upside.
Supports and resistances:
126620
119510
112390
104809 Last
86530
74880
67940
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