Bitcoin Intraday: as long as 105030 is support look for 109890
Dec 17, 2024 5:05 AM
as long as 105030 is support look for 109890.
Our pivot point is at 105030.
Our preference:
as long as 105030 is support look for 109890.
Alternative scenario:
the downside breakout of 105030 would call for 103160 and 102040.
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 106231 and 105629).
Supports and resistances:
112120 **
111010 *
109890 **
108780
106550 last
105760
105030 **
103160 *
102040 **
Our preference:
as long as 105030 is support look for 109890.
Alternative scenario:
the downside breakout of 105030 would call for 103160 and 102040.
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 106231 and 105629).
Supports and resistances:
112120 **
111010 *
109890 **
108780
106550 last
105760
105030 **
103160 *
102040 **
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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