Bitcoin Intraday: the downside prevails as long as 93660 is resistance
Dec 31, 2024 5:05 AM
the downside prevails as long as 93660 is resistance.
Our pivot point stands at 93660.
Our preference:
the downside prevails as long as 93660 is resistance.
Alternative scenario:
above 93660, look for 95370 and 96390.
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 92687 and 93015).
Supports and resistances:
96390 **
95370 *
93660 **
92990
92314 last
90230
89210 **
88190 *
87170 **
Our preference:
the downside prevails as long as 93660 is resistance.
Alternative scenario:
above 93660, look for 95370 and 96390.
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 92687 and 93015).
Supports and resistances:
96390 **
95370 *
93660 **
92990
92314 last
90230
89210 **
88190 *
87170 **
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