Bitcoin Intraday: rebound
Dec 30, 2024 9:44 AM
rebound.
92390 is our pivot point.
Our preference:
rebound.
Alternative scenario:
the downside breakout of 92390 would call for 90650 and 89620.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (93515) but below its 50 period moving average (93865).
Supports and resistances:
98940 **
97900 *
96870 **
95830
93761 last
93070
92390 **
90650 *
89620 **
Our preference:
rebound.
Alternative scenario:
the downside breakout of 92390 would call for 90650 and 89620.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (93515) but below its 50 period moving average (93865).
Supports and resistances:
98940 **
97900 *
96870 **
95830
93761 last
93070
92390 **
90650 *
89620 **
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