Bitcoin Intraday: as long as 75140 is support look for 77680
Nov 8, 2024 5:05 AM
as long as 75140 is support look for 77680.
75140 is our pivot point.
Our preference:
as long as 75140 is support look for 77680.
Alternative scenario:
below 75140, expect 74170 and 73590.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (76072) but above its 50 period moving average (75596).
Supports and resistances:
78840 **
78260 *
77680 **
77110
75950 last
75520
75140 **
74170 *
73590 **
Our preference:
as long as 75140 is support look for 77680.
Alternative scenario:
below 75140, expect 74170 and 73590.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (76072) but above its 50 period moving average (75596).
Supports and resistances:
78840 **
78260 *
77680 **
77110
75950 last
75520
75140 **
74170 *
73590 **
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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