Bitcoin Intraday: target 88580
Nov 19, 2024 9:40 AM
target 88580.
Our pivot point is at 92630.
Our preference:
target 88580.
Alternative scenario:
above 92630, look for 94150 and 95050.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (91442) but above its 50 period moving average (91218).
Supports and resistances:
95050 **
94150 *
92630 **
92030
91375 last
89490
88580 **
87680 *
86770 **
Our preference:
target 88580.
Alternative scenario:
above 92630, look for 94150 and 95050.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (91442) but above its 50 period moving average (91218).
Supports and resistances:
95050 **
94150 *
92630 **
92030
91375 last
89490
88580 **
87680 *
86770 **
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
116758.840
-50.630
-0.04%
