Bitcoin Intraday: the downside prevails as long as 89090 is resistance
Nov 15, 2024 1:05 AM
the downside prevails as long as 89090 is resistance.
Our pivot point is at 89090.
Our preference:
the downside prevails as long as 89090 is resistance.
Alternative scenario:
the upside breakout of 89090, would call for 90550 and 91430.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 88375 and 89605).
Supports and resistances:
91430 **
90550 *
89090 **
88520
87857 last
86120
85250 **
84370 *
83500 **
Our preference:
the downside prevails as long as 89090 is resistance.
Alternative scenario:
the upside breakout of 89090, would call for 90550 and 91430.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 88375 and 89605).
Supports and resistances:
91430 **
90550 *
89090 **
88520
87857 last
86120
85250 **
84370 *
83500 **
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.
Related Instruments
Bitcoin
116860.010
50.540
+0.04%
