Bitcoin Intraday: the upside prevails as long as 91950 is support
Nov 20, 2024 9:42 AM
the upside prevails as long as 91950 is support.
91950 is our pivot point.
Our preference:
the upside prevails as long as 91950 is support.
Alternative scenario:
below 91950, expect 90380 and 89450.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 92501 and 92417).
Supports and resistances:
98110 **
97170 *
96240 **
95300
93294 last
92570
91950 **
90380 *
89450 **
Our preference:
the upside prevails as long as 91950 is support.
Alternative scenario:
below 91950, expect 90380 and 89450.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 92501 and 92417).
Supports and resistances:
98110 **
97170 *
96240 **
95300
93294 last
92570
91950 **
90380 *
89450 **
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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