Bitcoin Short Term: as long as 83180 is support look for 115860
Nov 26, 2024 11:05 AM
as long as 83180 is support look for 115860.
83180 is our pivot point.
Our preference:
as long as 83180 is support look for 115860.
Alternative scenario:
the downside breakout of 83180 would call for 71850 and 65110.
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 89566 and 76267).
Supports and resistances:
129780 **
122820 *
115860 **
108910
92080 last
87630
83180 **
71850 *
65110 **
Our preference:
as long as 83180 is support look for 115860.
Alternative scenario:
the downside breakout of 83180 would call for 71850 and 65110.
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 89566 and 76267).
Supports and resistances:
129780 **
122820 *
115860 **
108910
92080 last
87630
83180 **
71850 *
65110 **
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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