Bitcoin Intraday: the upside prevails as long as 93750 is support
Jan 14, 2025 5:05 AM
the upside prevails as long as 93750 is support.
93750 is our pivot point.
Our preference:
the upside prevails as long as 93750 is support.
Alternative scenario:
the downside breakout of 93750 would call for 92080 and 91090.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 94345 and 93098).
Supports and resistances:
100070 **
99080 *
98080 **
97090
95102 last
94410
93750 **
92080 *
91090 **
Our preference:
the upside prevails as long as 93750 is support.
Alternative scenario:
the downside breakout of 93750 would call for 92080 and 91090.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 94345 and 93098).
Supports and resistances:
100070 **
99080 *
98080 **
97090
95102 last
94410
93750 **
92080 *
91090 **
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