Bitcoin Intraday: the downside prevails as long as 93690 is resistance
Dec 31, 2024 1:08 AM
the downside prevails as long as 93690 is resistance.
Our pivot point is at 93690.
Our preference:
the downside prevails as long as 93690 is resistance.
Alternative scenario:
above 93690, look for 95410 and 96430.
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 92999 and 93216).
Supports and resistances:
96430 **
95410 *
93690 **
93020
92328 last
90230
89210 **
88190 *
87170 **
Our preference:
the downside prevails as long as 93690 is resistance.
Alternative scenario:
above 93690, look for 95410 and 96430.
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 92999 and 93216).
Supports and resistances:
96430 **
95410 *
93690 **
93020
92328 last
90230
89210 **
88190 *
87170 **
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