Rami Araj
--
Bearish
$BTC $ETH
technicalanalysts#MarketDownturn
Alternative scenario: the upside breakout of 93490
would call for 95120 and 96100.
Our pivot point is at 93490.
Our preference: the downside prevails as long as 93490 is resistance.
Alternative scenario: above 93490, look for 95120 and 96100.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 93196 and 94224).
Supports and resistances:
96100 **
95120 *
93490 **
92840
92184 last
90240
89260 **
88290 *
87310 **
technicalanalysts#MarketDownturn
Alternative scenario: the upside breakout of 93490
would call for 95120 and 96100.
Our pivot point is at 93490.
Our preference: the downside prevails as long as 93490 is resistance.
Alternative scenario: above 93490, look for 95120 and 96100.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 93196 and 94224).
Supports and resistances:
96100 **
95120 *
93490 **
92840
92184 last
90240
89260 **
88290 *
87310 **
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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