Bitcoin Intraday: the downside prevails as long as 93490 is resistance
Nov 26, 2024 2:02 PM
the downside prevails as long as 93490 is resistance.
Our pivot point is at 93490.
Our preference:
the downside prevails as long as 93490 is resistance.
Alternative scenario:
above 93490, look for 95120 and 96100.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 93196 and 94224).
Supports and resistances:
96100 **
95120 *
93490 **
92840
92184 last
90240
89260 **
88290 *
87310 **
Our preference:
the downside prevails as long as 93490 is resistance.
Alternative scenario:
above 93490, look for 95120 and 96100.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 93196 and 94224).
Supports and resistances:
96100 **
95120 *
93490 **
92840
92184 last
90240
89260 **
88290 *
87310 **
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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