Bitcoin Intraday: as long as 104340 is support look for 109220
Dec 17, 2024 1:05 AM
as long as 104340 is support look for 109220.
Our pivot point is at 104340.
Our preference:
as long as 104340 is support look for 109220.
Alternative scenario:
the downside breakout of 104340 would call for 102480 and 101370.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (106350) but above its 50 period moving average (105353).
Supports and resistances:
111430 **
110320 *
109220 **
108110
105839 last
105070
104340 **
102480 *
101370 **
Our preference:
as long as 104340 is support look for 109220.
Alternative scenario:
the downside breakout of 104340 would call for 102480 and 101370.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (106350) but above its 50 period moving average (105353).
Supports and resistances:
111430 **
110320 *
109220 **
108110
105839 last
105070
104340 **
102480 *
101370 **
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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