Bitcoin Intraday: the upside prevails as long as 93360 is support
Dec 28, 2024 8:50 PM
the upside prevails as long as 93360 is support.
Our pivot point is at 93360.
Our preference:
the upside prevails as long as 93360 is support.
Alternative scenario:
the downside breakout of 93360 would call for 91600 and 90560.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 94635 and 94476).
Supports and resistances:
100030 **
98980 *
97940 **
96890
94797 last
94050
93360 **
91600 *
90560 **
Our preference:
the upside prevails as long as 93360 is support.
Alternative scenario:
the downside breakout of 93360 would call for 91600 and 90560.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 94635 and 94476).
Supports and resistances:
100030 **
98980 *
97940 **
96890
94797 last
94050
93360 **
91600 *
90560 **
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