Bitcoin Intraday: the downside prevails as long as 95910 is resistance
Dec 23, 2024 3:05 AM
the downside prevails as long as 95910 is resistance.
Our pivot point is at 95910.
Our preference:
the downside prevails as long as 95910 is resistance.
Alternative scenario:
above 95910, look for 97580 and 98570.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 94999 and 95851).
Supports and resistances:
98570 **
97580 *
95910 **
95250
94591 last
92530
91540 **
90540 *
89550 **
Our preference:
the downside prevails as long as 95910 is resistance.
Alternative scenario:
above 95910, look for 97580 and 98570.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 94999 and 95851).
Supports and resistances:
98570 **
97580 *
95910 **
95250
94591 last
92530
91540 **
90540 *
89550 **
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