Bitcoin / Dollar intraday: above its upper Bollinger band

Limited Increase
u
1675394687367
BTCUSD+0%
2024-11-15 21:50Source:TC

89490 is our pivot point.

Our preference: the upside prevails as long as 89490 is support.

Alternative scenario: the downside breakout of 89490 would call for 87980 and 87080.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 89655 and 88729). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 91068).

Supports and resistances:

95740 **

94840 *

93930 **

93030

91150 last

90080

89490 **

87980 *

87080 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-15-2024 at 21:50 UTC+1

Price reference: 91150 last known on 11-15-2024 at 21:50 UTC+1

Investment horizon: INTRADAY

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