Bitcoin Intraday: rebound towards 103930
Dec 19, 2024 5:05 AM
rebound towards 103930.
99210 is our pivot point.
Our preference:
rebound towards 103930.
Alternative scenario:
the downside breakout of 99210 would call for 97440 and 96380.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 100792 and 102892).
Supports and resistances:
106050 **
104990 *
103930 **
102870
100746 last
99910
99210 **
97440 *
96380 **
Our preference:
rebound towards 103930.
Alternative scenario:
the downside breakout of 99210 would call for 97440 and 96380.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 100792 and 102892).
Supports and resistances:
106050 **
104990 *
103930 **
102870
100746 last
99910
99210 **
97440 *
96380 **
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