Bitcoin Intraday: the downside prevails as long as 95050 is resistance
Dec 29, 2024 8:50 PM
the downside prevails as long as 95050 is resistance.
Our pivot point stands at 95050.
Our preference:
the downside prevails as long as 95050 is resistance.
Alternative scenario:
above 95050, look for 96790 and 97820.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94153 and 94653).
Supports and resistances:
97820 **
96790 *
95050 **
94370
93679 last
91190
90160 **
89130 *
88100 **
Our preference:
the downside prevails as long as 95050 is resistance.
Alternative scenario:
above 95050, look for 96790 and 97820.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94153 and 94653).
Supports and resistances:
97820 **
96790 *
95050 **
94370
93679 last
91190
90160 **
89130 *
88100 **
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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