Bitcoin Intraday: the upside prevails as long as 75630 is support
Nov 7, 2024 8:50 PM
the upside prevails as long as 75630 is support.
75630 is our pivot point.
Our preference:
the upside prevails as long as 75630 is support.
Alternative scenario:
below 75630, expect 74660 and 74080.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 75698 and 75445).
Supports and resistances:
79690 **
79110 *
78520 **
77940
76407 last
76020
75630 **
74660 *
74080 **
Our preference:
the upside prevails as long as 75630 is support.
Alternative scenario:
below 75630, expect 74660 and 74080.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 75698 and 75445).
Supports and resistances:
79690 **
79110 *
78520 **
77940
76407 last
76020
75630 **
74660 *
74080 **
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