Bitcoin Intraday: the upside prevails as long as 93500 is support
Jan 2, 2025 1:05 AM
the upside prevails as long as 93500 is support.
Our pivot point stands at 93500.
Our preference:
the upside prevails as long as 93500 is support.
Alternative scenario:
below 93500, expect 91720 and 90660.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 94372 and 93866).
Supports and resistances:
100520 **
99460 *
98400 **
97340
95076 last
94200
93500 **
91720 *
90660 **
Our preference:
the upside prevails as long as 93500 is support.
Alternative scenario:
below 93500, expect 91720 and 90660.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 94372 and 93866).
Supports and resistances:
100520 **
99460 *
98400 **
97340
95076 last
94200
93500 **
91720 *
90660 **
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