Bitcoin Intraday: the downside prevails as long as 95930 is resistance
Dec 27, 2024 8:50 PM
the downside prevails as long as 95930 is resistance.
Our pivot point is at 95930.
Our preference:
the downside prevails as long as 95930 is resistance.
Alternative scenario:
the upside breakout of 95930, would call for 97690 and 98730.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 95116 and 95584).
Supports and resistances:
98730 **
97690 *
95930 **
95240
94319 last
92120
91080 **
90040 *
89000 **
Our preference:
the downside prevails as long as 95930 is resistance.
Alternative scenario:
the upside breakout of 95930, would call for 97690 and 98730.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 95116 and 95584).
Supports and resistances:
98730 **
97690 *
95930 **
95240
94319 last
92120
91080 **
90040 *
89000 **
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