Bitcoin Intraday: as long as 95700 is support look for 99590
Jan 15, 2025 9:43 AM
as long as 95700 is support look for 99590.
Our pivot point is at 95700.
Our preference:
as long as 95700 is support look for 99590.
Alternative scenario:
below 95700, expect 94210 and 93320.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (97075) but above its 50 period moving average (96690).
Supports and resistances:
101370 **
100480 *
99590 **
98700
96929 last
96290
95700 **
94210 *
93320 **
Our preference:
as long as 95700 is support look for 99590.
Alternative scenario:
below 95700, expect 94210 and 93320.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (97075) but above its 50 period moving average (96690).
Supports and resistances:
101370 **
100480 *
99590 **
98700
96929 last
96290
95700 **
94210 *
93320 **
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