Bitcoin Intraday: under pressure below 92390
Nov 19, 2024 2:02 PM
under pressure below 92390.
Our pivot point is at 92390.
Our preference:
under pressure below 92390.
Alternative scenario:
the upside breakout of 92390, would call for 93930 and 94840.
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 stands below its 20 and 50 period moving average (respectively at 91764 and 91364).
Supports and resistances:
94840 **
93930 *
92390 **
91790
91188 last
89360
88450 **
87530 *
86620 **
Our preference:
under pressure below 92390.
Alternative scenario:
the upside breakout of 92390, would call for 93930 and 94840.
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 stands below its 20 and 50 period moving average (respectively at 91764 and 91364).
Supports and resistances:
94840 **
93930 *
92390 **
91790
91188 last
89360
88450 **
87530 *
86620 **
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
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