Bitcoin Intraday: the upside prevails as long as 91520 is support
Nov 20, 2024 7:50 AM
the upside prevails as long as 91520 is support.
Our pivot point is at 91520.
Our preference:
the upside prevails as long as 91520 is support.
Alternative scenario:
the downside breakout of 91520 would call for 89960 and 89030.
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 92273 and 92293).
Supports and resistances:
97500 **
96570 *
95640 **
94710
92827 last
92140
91520 **
89960 *
89030 **
Our preference:
the upside prevails as long as 91520 is support.
Alternative scenario:
the downside breakout of 91520 would call for 89960 and 89030.
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 92273 and 92293).
Supports and resistances:
97500 **
96570 *
95640 **
94710
92827 last
92140
91520 **
89960 *
89030 **
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