Bitcoin Intraday: the downside prevails as long as 96980 is resistance
Dec 26, 2024 2:02 PM
the downside prevails as long as 96980 is resistance.
Our pivot point is at 96980.
Our preference:
the downside prevails as long as 96980 is resistance.
Alternative scenario:
above 96980, look for 98760 and 99810.
Comment:
the RSI is below 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 96469 and 97822).
Supports and resistances:
99810 **
98760 *
96980 **
96290
95590 last
93480
92420 **
91370 *
90310 **
Our preference:
the downside prevails as long as 96980 is resistance.
Alternative scenario:
above 96980, look for 98760 and 99810.
Comment:
the RSI is below 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 96469 and 97822).
Supports and resistances:
99810 **
98760 *
96980 **
96290
95590 last
93480
92420 **
91370 *
90310 **
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