Bitcoin Intraday: as long as 105780 is support look for 110660
Dec 17, 2024 2:02 PM
as long as 105780 is support look for 110660.
105780 is our pivot point.
Our preference:
as long as 105780 is support look for 110660.
Alternative scenario:
the downside breakout of 105780 would call for 103890 and 102760.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 107006 and 106530).
Supports and resistances:
112920 **
111790 *
110660 **
109530
107275 last
106530
105780 **
103890 *
102760 **
Our preference:
as long as 105780 is support look for 110660.
Alternative scenario:
the downside breakout of 105780 would call for 103890 and 102760.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 107006 and 106530).
Supports and resistances:
112920 **
111790 *
110660 **
109530
107275 last
106530
105780 **
103890 *
102760 **
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