Bitcoin Intraday: as long as 103670 is support look for 108500
Dec 16, 2024 7:50 AM
as long as 103670 is support look for 108500.
Our pivot point is at 103670.
Our preference:
as long as 103670 is support look for 108500.
Alternative scenario:
the downside breakout of 103670 would call for 101820 and 100720.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 104722 and 103487).
Supports and resistances:
110700 **
109600 *
108500 **
107390
105149 last
104390
103670 **
101820 *
100720 **
Our preference:
as long as 103670 is support look for 108500.
Alternative scenario:
the downside breakout of 103670 would call for 101820 and 100720.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 104722 and 103487).
Supports and resistances:
110700 **
109600 *
108500 **
107390
105149 last
104390
103670 **
101820 *
100720 **
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.
Related Instruments
Bitcoin
115079.980
-270.010
-0.23%
