Bitcoin Intraday: the upside prevails as long as 95240 is support
Dec 4, 2024 7:48 AM
the upside prevails as long as 95240 is support.
Our pivot point is at 95240.
Our preference:
the upside prevails as long as 95240 is support.
Alternative scenario:
below 95240, expect 93560 and 92560.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 96116 and 95618).
Supports and resistances:
101720 **
100720 *
99720 **
98720
96640 last
95900
95240 **
93560 *
92560 **
Our preference:
the upside prevails as long as 95240 is support.
Alternative scenario:
below 95240, expect 93560 and 92560.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 96116 and 95618).
Supports and resistances:
101720 **
100720 *
99720 **
98720
96640 last
95900
95240 **
93560 *
92560 **
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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