Bitcoin Intraday: as long as 101180 is support look for 105230
Jan 17, 2025 2:02 PM
as long as 101180 is support look for 105230.
Our pivot point is at 101180.
Our preference:
as long as 101180 is support look for 105230.
Alternative scenario:
the downside breakout of 101180 would call for 99600 and 98660.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 101973 and 100780).
Supports and resistances:
107100 **
106160 *
105230 **
104290
102413 last
101790
101180 **
99600 *
98660 **
Our preference:
as long as 101180 is support look for 105230.
Alternative scenario:
the downside breakout of 101180 would call for 99600 and 98660.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 101973 and 100780).
Supports and resistances:
107100 **
106160 *
105230 **
104290
102413 last
101790
101180 **
99600 *
98660 **
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