Bitcoin Intraday: rebound towards 98120
Dec 20, 2024 2:02 PM
rebound towards 98120.
Our pivot point is at 93470.
Our preference:
rebound towards 98120.
Alternative scenario:
below 93470, expect 91790 and 90800.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 95378 and 97136).
Supports and resistances:
100120 **
99120 *
98120 **
97120
94842 last
94130
93470 **
91790 *
90800 **
Our preference:
rebound towards 98120.
Alternative scenario:
below 93470, expect 91790 and 90800.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 95378 and 97136).
Supports and resistances:
100120 **
99120 *
98120 **
97120
94842 last
94130
93470 **
91790 *
90800 **
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