Bitcoin Intraday: our next up target stands at 98810
Nov 28, 2024 2:02 PM
our next up target stands at 98810.
Our pivot point is at 94410.
Our preference:
our next up target stands at 98810.
Alternative scenario:
the downside breakout of 94410 would call for 92710 and 91700.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 95404 and 95736).
Supports and resistances:
100830 **
99820 *
98810 **
97800
95750 last
95080
94410 **
92710 *
91700 **
Our preference:
our next up target stands at 98810.
Alternative scenario:
the downside breakout of 94410 would call for 92710 and 91700.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 95404 and 95736).
Supports and resistances:
100830 **
99820 *
98810 **
97800
95750 last
95080
94410 **
92710 *
91700 **
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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Bitcoin
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