Bitcoin Intraday: as long as 88830 is support look for 92950
Nov 14, 2024 1:05 AM
as long as 88830 is support look for 92950.
Our pivot point is at 88830.
Our preference:
as long as 88830 is support look for 92950.
Alternative scenario:
the downside breakout of 88830 would call for 87330 and 86440.
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 (90960) but above its 50 period moving average (89166).
Supports and resistances:
94740 **
93840 *
92950 **
92060
90266 last
89420
88830 **
87330 *
86440 **
Our preference:
as long as 88830 is support look for 92950.
Alternative scenario:
the downside breakout of 88830 would call for 87330 and 86440.
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 (90960) but above its 50 period moving average (89166).
Supports and resistances:
94740 **
93840 *
92950 **
92060
90266 last
89420
88830 **
87330 *
86440 **
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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