Bitcoin Intraday: rebound towards 92840
Bitcoin (BTC/USD)
-56.36-0.06%
rebound towards 92840.
Our pivot point stands at 89290.
Our preference: rebound towards 92840.
Alternative scenario: below 89290, expect 87920 and 87110.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (90323) but under its 50 period moving average (90946).
Supports and resistances:
94460 **
93650 *
92840 **
92020
90358 last
89820
89290 **
87920 *
87110 **
Our preference: rebound towards 92840.
Alternative scenario: below 89290, expect 87920 and 87110.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (90323) but under its 50 period moving average (90946).
Supports and resistances:
94460 **
93650 *
92840 **
92020
90358 last
89820
89290 **
87920 *
87110 **
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