Bitcoin Intraday: as long as 89500 is support look for 93990
Nov 13, 2024 8:50 PM
as long as 89500 is support look for 93990.
Our pivot point stands at 89500.
Our preference:
as long as 89500 is support look for 93990.
Alternative scenario:
below 89500, expect 87990 and 87090.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (90703) but above its 50 period moving average (88967).
Supports and resistances:
95800 **
94890 *
93990 **
93080
90701 last
90090
89500 **
87990 *
87090 **
Our preference:
as long as 89500 is support look for 93990.
Alternative scenario:
below 89500, expect 87990 and 87090.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (90703) but above its 50 period moving average (88967).
Supports and resistances:
95800 **
94890 *
93990 **
93080
90701 last
90090
89500 **
87990 *
87090 **
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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