Bitcoin Intraday: the downside prevails as long as 101040 is resistance
Dec 13, 2024 3:05 AM
the downside prevails as long as 101040 is resistance.
Our pivot point stands at 101040.
Our preference:
the downside prevails as long as 101040 is resistance.
Alternative scenario:
above 101040, look for 102790 and 103830.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 100076 and 100653).
Supports and resistances:
103830 **
102790 *
101040 **
100350
99659 last
97380
96340 **
95300 *
94260 **
Our preference:
the downside prevails as long as 101040 is resistance.
Alternative scenario:
above 101040, look for 102790 and 103830.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 100076 and 100653).
Supports and resistances:
103830 **
102790 *
101040 **
100350
99659 last
97380
96340 **
95300 *
94260 **
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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