Bitcoin Intraday: the upside prevails as long as 97430 is support
Dec 25, 2024 8:50 PM
the upside prevails as long as 97430 is support.
Our pivot point is at 97430.
Our preference:
the upside prevails as long as 97430 is support.
Alternative scenario:
below 97430, expect 95600 and 94510.
Comment:
the RSI is above 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 98501 and 98300).
Supports and resistances:
104730 **
103630 *
102540 **
101440
98914 last
98150
97430 **
95600 *
94510 **
Our preference:
the upside prevails as long as 97430 is support.
Alternative scenario:
below 97430, expect 95600 and 94510.
Comment:
the RSI is above 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 98501 and 98300).
Supports and resistances:
104730 **
103630 *
102540 **
101440
98914 last
98150
97430 **
95600 *
94510 **
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