Bitcoin Intraday: the downside prevails as long as 93640 is resistance
Dec 31, 2024 3:05 AM
the downside prevails as long as 93640 is resistance.
93640 is our pivot point.
Our preference:
the downside prevails as long as 93640 is resistance.
Alternative scenario:
above 93640, look for 95360 and 96380.
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 93033 and 93109).
Supports and resistances:
96380 **
95360 *
93640 **
92970
92143 last
90110
89090 **
88070 *
87050 **
Our preference:
the downside prevails as long as 93640 is resistance.
Alternative scenario:
above 93640, look for 95360 and 96380.
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 93033 and 93109).
Supports and resistances:
96380 **
95360 *
93640 **
92970
92143 last
90110
89090 **
88070 *
87050 **
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