Bitcoin Intraday: the upside prevails as long as 96440 is support
Dec 10, 2024 2:02 PM
the upside prevails as long as 96440 is support.
Our pivot point is at 96440.
Our preference:
the upside prevails as long as 96440 is support.
Alternative scenario:
the downside breakout of 96440 would call for 94720 and 93700.
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 97394 and 97485).
Supports and resistances:
102910 **
101890 *
100860 **
99840
97794 last
97120
96440 **
94720 *
93700 **
Our preference:
the upside prevails as long as 96440 is support.
Alternative scenario:
the downside breakout of 96440 would call for 94720 and 93700.
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 97394 and 97485).
Supports and resistances:
102910 **
101890 *
100860 **
99840
97794 last
97120
96440 **
94720 *
93700 **
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