Bitcoin Intraday: as long as 98420 is support look for 102360
Jan 16, 2025 3:05 AM
as long as 98420 is support look for 102360.
Our pivot point is at 98420.
Our preference:
as long as 98420 is support look for 102360.
Alternative scenario:
below 98420, expect 96890 and 95970.
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 below its 20 period moving average (99737) but above its 50 period moving average (98432).
Supports and resistances:
104190 **
103270 *
102360 **
101450
99623 last
99020
98420 **
96890 *
95970 **
Our preference:
as long as 98420 is support look for 102360.
Alternative scenario:
below 98420, expect 96890 and 95970.
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 below its 20 period moving average (99737) but above its 50 period moving average (98432).
Supports and resistances:
104190 **
103270 *
102360 **
101450
99623 last
99020
98420 **
96890 *
95970 **
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