Bitcoin Intraday: the downside prevails as long as 96190 is resistance
Nov 28, 2024 8:50 PM
the downside prevails as long as 96190 is resistance.
Our pivot point is at 96190.
Our preference:
the downside prevails as long as 96190 is resistance.
Alternative scenario:
above 96190, look for 97870 and 98870.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 95210 and 95587).
Supports and resistances:
98870 **
97870 *
96190 **
95530
94851 last
92660
91660 **
90660 *
89660 **
Our preference:
the downside prevails as long as 96190 is resistance.
Alternative scenario:
above 96190, look for 97870 and 98870.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 95210 and 95587).
Supports and resistances:
98870 **
97870 *
96190 **
95530
94851 last
92660
91660 **
90660 *
89660 **
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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