Bitcoin Intraday: rebound towards 97060
Dec 24, 2024 9:43 AM
rebound towards 97060.
Our pivot point stands at 92690.
Our preference:
rebound towards 97060.
Alternative scenario:
the downside breakout of 92690 would call for 91030 and 90040.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 94145 and 94332).
Supports and resistances:
99040 **
98050 *
97060 **
96070
94058 last
93340
92690 **
91030 *
90040 **
Our preference:
rebound towards 97060.
Alternative scenario:
the downside breakout of 92690 would call for 91030 and 90040.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 94145 and 94332).
Supports and resistances:
99040 **
98050 *
97060 **
96070
94058 last
93340
92690 **
91030 *
90040 **
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