Bitcoin Intraday: as long as 96260 is support look for 100480
Nov 21, 2024 2:02 PM
as long as 96260 is support look for 100480.
96260 is our pivot point.
Our preference:
as long as 96260 is support look for 100480.
Alternative scenario:
the downside breakout of 96260 would call for 94620 and 93640.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 97443 and 95680).
Supports and resistances:
102430 **
101460 *
100480 **
99500
97547 last
96900
96260 **
94620 *
93640 **
Our preference:
as long as 96260 is support look for 100480.
Alternative scenario:
the downside breakout of 96260 would call for 94620 and 93640.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 97443 and 95680).
Supports and resistances:
102430 **
101460 *
100480 **
99500
97547 last
96900
96260 **
94620 *
93640 **
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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