Bitcoin Intraday: the upside prevails as long as 97520 is support
Dec 26, 2024 1:05 AM
the upside prevails as long as 97520 is support.
Our pivot point is at 97520.
Our preference:
the upside prevails as long as 97520 is support.
Alternative scenario:
the downside breakout of 97520 would call for 95680 and 94590.
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 98780 and 98413).
Supports and resistances:
104510 **
103410 *
102320 **
101230
99020 last
98240
97520 **
95680 *
94590 **
Our preference:
the upside prevails as long as 97520 is support.
Alternative scenario:
the downside breakout of 97520 would call for 95680 and 94590.
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 98780 and 98413).
Supports and resistances:
104510 **
103410 *
102320 **
101230
99020 last
98240
97520 **
95680 *
94590 **
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