Bitcoin Intraday: the upside prevails as long as 75560 is support
Nov 8, 2024 2:02 PM
the upside prevails as long as 75560 is support.
Our pivot point is at 75560.
Our preference:
the upside prevails as long as 75560 is support.
Alternative scenario:
below 75560, expect 74580 and 74000.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 76077 and 76020).
Supports and resistances:
79230 **
78650 *
78070 **
77490
76325 last
75940
75560 **
74580 *
74000 **
Our preference:
the upside prevails as long as 75560 is support.
Alternative scenario:
below 75560, expect 74580 and 74000.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 76077 and 76020).
Supports and resistances:
79230 **
78650 *
78070 **
77490
76325 last
75940
75560 **
74580 *
74000 **
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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