Bitcoin Intraday: as long as 94540 is support look for 98850
Dec 4, 2024 3:05 AM
as long as 94540 is support look for 98850.
Our pivot point is at 94540.
Our preference:
as long as 94540 is support look for 98850.
Alternative scenario:
the downside breakout of 94540 would call for 92880 and 91880.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 95802 and 95562).
Supports and resistances:
100830 **
99840 *
98850 **
97860
95869 last
95200
94540 **
92880 *
91880 **
Our preference:
as long as 94540 is support look for 98850.
Alternative scenario:
the downside breakout of 94540 would call for 92880 and 91880.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 95802 and 95562).
Supports and resistances:
100830 **
99840 *
98850 **
97860
95869 last
95200
94540 **
92880 *
91880 **
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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