Bitcoin Intraday: as long as 99690 is support look for 104400
Dec 12, 2024 12:14 AM
as long as 99690 is support look for 104400.
Our pivot point stands at 99690.
Our preference:
as long as 99690 is support look for 104400.
Alternative scenario:
below 99690, expect 97910 and 96860.
Comment:
the RSI is above its neutrality area at 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 100884 and 98899).
Supports and resistances:
106520 **
105460 *
104400 **
103340
101088 last
100390
99690 **
97910 *
96860 **
Our preference:
as long as 99690 is support look for 104400.
Alternative scenario:
below 99690, expect 97910 and 96860.
Comment:
the RSI is above its neutrality area at 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 100884 and 98899).
Supports and resistances:
106520 **
105460 *
104400 **
103340
101088 last
100390
99690 **
97910 *
96860 **
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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