Bitcoin Intraday: as long as 97530 is support look for 102420
Jan 6, 2025 9:45 AM
as long as 97530 is support look for 102420.
Our pivot point stands at 97530.
Our preference:
as long as 97530 is support look for 102420.
Alternative scenario:
below 97530, expect 95680 and 94570.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (99044) but above its 50 period moving average (98392).
Supports and resistances:
104630 **
103520 *
102420 **
101310
98990 last
98260
97530 **
95680 *
94570 **
Our preference:
as long as 97530 is support look for 102420.
Alternative scenario:
below 97530, expect 95680 and 94570.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (99044) but above its 50 period moving average (98392).
Supports and resistances:
104630 **
103520 *
102420 **
101310
98990 last
98260
97530 **
95680 *
94570 **
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