Bitcoin Intraday: the upside prevails as long as 93510 is support
Jan 14, 2025 3:07 AM
the upside prevails as long as 93510 is support.
93510 is our pivot point.
Our preference:
the upside prevails as long as 93510 is support.
Alternative scenario:
below 93510, expect 91840 and 90850.
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 93726 and 93044).
Supports and resistances:
99840 **
98850 *
97860 **
96860
94820 last
94160
93510 **
91840 *
90850 **
Our preference:
the upside prevails as long as 93510 is support.
Alternative scenario:
below 93510, expect 91840 and 90850.
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 93726 and 93044).
Supports and resistances:
99840 **
98850 *
97860 **
96860
94820 last
94160
93510 **
91840 *
90850 **
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