Bitcoin Intraday: rebound towards 98890
Dec 27, 2024 1:05 AM
rebound towards 98890.
94260 is our pivot point.
Our preference:
rebound towards 98890.
Alternative scenario:
the downside breakout of 94260 would call for 92490 and 91430.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 95725 and 96516).
Supports and resistances:
101010 **
99950 *
98890 **
97830
95721 last
94960
94260 **
92490 *
91430 **
Our preference:
rebound towards 98890.
Alternative scenario:
the downside breakout of 94260 would call for 92490 and 91430.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 95725 and 96516).
Supports and resistances:
101010 **
99950 *
98890 **
97830
95721 last
94960
94260 **
92490 *
91430 **
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