Bitcoin Intraday: the upside prevails as long as 94200 is support
Dec 3, 2024 8:50 PM
the upside prevails as long as 94200 is support.
Our pivot point stands at 94200.
Our preference:
the upside prevails as long as 94200 is support.
Alternative scenario:
below 94200, expect 92540 and 91550.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 95179 and 95484).
Supports and resistances:
100660 **
99670 *
98680 **
97690
95515 last
94850
94200 **
92540 *
91550 **
Our preference:
the upside prevails as long as 94200 is support.
Alternative scenario:
below 94200, expect 92540 and 91550.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 95179 and 95484).
Supports and resistances:
100660 **
99670 *
98680 **
97690
95515 last
94850
94200 **
92540 *
91550 **
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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