Bitcoin Intraday: rebound towards 93660
Nov 16, 2024 8:50 PM
rebound towards 93660.
89610 is our pivot point.
Our preference:
rebound towards 93660.
Alternative scenario:
the downside breakout of 89610 would call for 88100 and 87200.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (90916) but below its 50 period moving average (91154).
Supports and resistances:
95460 **
94560 *
93660 **
92760
90934 last
90200
89610 **
88100 *
87200 **
Our preference:
rebound towards 93660.
Alternative scenario:
the downside breakout of 89610 would call for 88100 and 87200.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (90916) but below its 50 period moving average (91154).
Supports and resistances:
95460 **
94560 *
93660 **
92760
90934 last
90200
89610 **
88100 *
87200 **
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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Bitcoin
116616.640
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