Bitcoin Intraday: our next up target stands at 99100
Dec 3, 2024 3:05 AM
our next up target stands at 99100.
Our pivot point is at 94660.
Our preference:
our next up target stands at 99100.
Alternative scenario:
below 94660, expect 92960 and 91940.
Comment:
the RSI is above its neutrality area at 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 trading above both its 20 and 50 period moving average (respectively at 95637 and 95869).
Supports and resistances:
101130 **
100110 *
99100 **
98080
96036 last
95330
94660 **
92960 *
91940 **
Our preference:
our next up target stands at 99100.
Alternative scenario:
below 94660, expect 92960 and 91940.
Comment:
the RSI is above its neutrality area at 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 trading above both its 20 and 50 period moving average (respectively at 95637 and 95869).
Supports and resistances:
101130 **
100110 *
99100 **
98080
96036 last
95330
94660 **
92960 *
91940 **
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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