Bitcoin Intraday: as long as 75290 is support look for 77890
Nov 8, 2024 1:05 AM
as long as 75290 is support look for 77890.
75290 is our pivot point.
Our preference:
as long as 75290 is support look for 77890.
Alternative scenario:
below 75290, expect 74320 and 73740.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (76201) but above its 50 period moving average (75494).
Supports and resistances:
79050 **
78470 *
77890 **
77320
76158 last
75670
75290 **
74320 *
73740 **
Our preference:
as long as 75290 is support look for 77890.
Alternative scenario:
below 75290, expect 74320 and 73740.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (76201) but above its 50 period moving average (75494).
Supports and resistances:
79050 **
78470 *
77890 **
77320
76158 last
75670
75290 **
74320 *
73740 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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