Bitcoin Intraday: as long as 94870 is support look for 99470
Dec 27, 2024 2:02 PM
as long as 94870 is support look for 99470.
94870 is our pivot point.
Our preference:
as long as 94870 is support look for 99470.
Alternative scenario:
the downside breakout of 94870 would call for 93080 and 92020.
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 96214 and 95953).
Supports and resistances:
101590 **
100530 *
99470 **
98400
96276 last
95570
94870 **
93080 *
92020 **
Our preference:
as long as 94870 is support look for 99470.
Alternative scenario:
the downside breakout of 94870 would call for 93080 and 92020.
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 96214 and 95953).
Supports and resistances:
101590 **
100530 *
99470 **
98400
96276 last
95570
94870 **
93080 *
92020 **
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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