Bitcoin Intraday: as long as 75270 is support look for 77850
Nov 8, 2024 9:43 AM
as long as 75270 is support look for 77850.
Our pivot point is at 75270.
Our preference:
as long as 75270 is support look for 77850.
Alternative scenario:
below 75270, expect 74300 and 73720.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 76010 and 75803).
Supports and resistances:
79010 **
78430 *
77850 **
77270
76038 last
75650
75270 **
74300 *
73720 **
Our preference:
as long as 75270 is support look for 77850.
Alternative scenario:
below 75270, expect 74300 and 73720.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 76010 and 75803).
Supports and resistances:
79010 **
78430 *
77850 **
77270
76038 last
75650
75270 **
74300 *
73720 **
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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