Bitcoin Intraday: the downside prevails as long as 96670 is resistance
Dec 3, 2024 9:44 AM
the downside prevails as long as 96670 is resistance.
Our pivot point stands at 96670.
Our preference:
the downside prevails as long as 96670 is resistance.
Alternative scenario:
the upside breakout of 96670, would call for 98370 and 99370.
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 95781 and 95704).
Supports and resistances:
99370 **
98370 *
96670 **
96010
95344 last
93210
92200 **
91200 *
90190 **
Our preference:
the downside prevails as long as 96670 is resistance.
Alternative scenario:
the upside breakout of 96670, would call for 98370 and 99370.
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 95781 and 95704).
Supports and resistances:
99370 **
98370 *
96670 **
96010
95344 last
93210
92200 **
91200 *
90190 **
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