Bitcoin Intraday: the upside prevails as long as 103050 is support
Jan 21, 2025 2:02 PM
the upside prevails as long as 103050 is support.
103050 is our pivot point.
Our preference:
the upside prevails as long as 103050 is support.
Alternative scenario:
below 103050, expect 101400 and 100420.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 102878 and 103357).
Supports and resistances:
109260 **
108290 *
107310 **
106330
104371 last
103690
103050 **
101400 *
100420 **
Our preference:
the upside prevails as long as 103050 is support.
Alternative scenario:
below 103050, expect 101400 and 100420.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 102878 and 103357).
Supports and resistances:
109260 **
108290 *
107310 **
106330
104371 last
103690
103050 **
101400 *
100420 **
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