Bitcoin Intraday: rebound towards 96180
Dec 30, 2024 5:05 AM
rebound towards 96180.
Our pivot point is at 91720.
Our preference:
rebound towards 96180.
Alternative scenario:
the downside breakout of 91720 would call for 89990 and 88970.
Comment:
the RSI is below its neutrality area at 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 93415 and 94116).
Supports and resistances:
98240 **
97210 *
96180 **
95160
93077 last
92400
91720 **
89990 *
88970 **
Our preference:
rebound towards 96180.
Alternative scenario:
the downside breakout of 91720 would call for 89990 and 88970.
Comment:
the RSI is below its neutrality area at 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 93415 and 94116).
Supports and resistances:
98240 **
97210 *
96180 **
95160
93077 last
92400
91720 **
89990 *
88970 **
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