Bitcoin Intraday: target 90330
Dec 31, 2024 8:50 PM
target 90330.
Our pivot point stands at 95330.
Our preference:
target 90330.
Alternative scenario:
above 95330, look for 97090 and 98140.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (94530) but above its 50 period moving average (93531).
Supports and resistances:
98140 **
97090 *
95330 **
94630
93550 last
91380
90330 **
89290 *
88250 **
Our preference:
target 90330.
Alternative scenario:
above 95330, look for 97090 and 98140.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (94530) but above its 50 period moving average (93531).
Supports and resistances:
98140 **
97090 *
95330 **
94630
93550 last
91380
90330 **
89290 *
88250 **
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