Bitcoin Intraday: rebound towards 105230
Jan 21, 2025 3:05 AM
rebound towards 105230.
Our pivot point stands at 100920.
Our preference:
rebound towards 105230.
Alternative scenario:
below 100920, expect 99350 and 98410.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 102690 and 104561).
Supports and resistances:
107110 **
106170 *
105230 **
104290
102360 last
101540
100920 **
99350 *
98410 **
Our preference:
rebound towards 105230.
Alternative scenario:
below 100920, expect 99350 and 98410.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 102690 and 104561).
Supports and resistances:
107110 **
106170 *
105230 **
104290
102360 last
101540
100920 **
99350 *
98410 **
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