Bitcoin Intraday: above its upper Bollinger band
Nov 15, 2024 8:50 PM
the upside prevails as long as 89490 is support.
89490 is our pivot point.
Our preference:
the upside prevails as long as 89490 is support.
Alternative scenario:
the downside breakout of 89490 would call for 87980 and 87080.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 89655 and 88729). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 91068).
Supports and resistances:
95740 **
94840 *
93930 **
93030
91150 last
90080
89490 **
87980 *
87080 **
Our preference:
the upside prevails as long as 89490 is support.
Alternative scenario:
the downside breakout of 89490 would call for 87980 and 87080.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 89655 and 88729). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 91068).
Supports and resistances:
95740 **
94840 *
93930 **
93030
91150 last
90080
89490 **
87980 *
87080 **
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