Bitcoin Intraday: the upside prevails as long as 90640 is support
Nov 19, 2024 7:46 AM
the upside prevails as long as 90640 is support.
90640 is our pivot point.
Our preference:
the upside prevails as long as 90640 is support.
Alternative scenario:
below 90640, expect 89110 and 88200.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 91321 and 91239).
Supports and resistances:
96510 **
95600 *
94680 **
93770
91888 last
91240
90640 **
89110 *
88200 **
Our preference:
the upside prevails as long as 90640 is support.
Alternative scenario:
below 90640, expect 89110 and 88200.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 91321 and 91239).
Supports and resistances:
96510 **
95600 *
94680 **
93770
91888 last
91240
90640 **
89110 *
88200 **
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
116671.770
-137.700
-0.12%
