Bitcoin Intraday: the upside prevails as long as 93120 is support
Jan 14, 2025 1:05 AM
the upside prevails as long as 93120 is support.
Our pivot point is at 93120.
Our preference:
the upside prevails as long as 93120 is support.
Alternative scenario:
below 93120, expect 91460 and 90480.
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 93085 and 93023).
Supports and resistances:
99590 **
98600 *
97610 **
96630
94642 last
93770
93120 **
91460 *
90480 **
Our preference:
the upside prevails as long as 93120 is support.
Alternative scenario:
below 93120, expect 91460 and 90480.
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 93085 and 93023).
Supports and resistances:
99590 **
98600 *
97610 **
96630
94642 last
93770
93120 **
91460 *
90480 **
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