Bitcoin Intraday: as long as 104550 is support look for 109050
Jan 22, 2025 1:05 AM
as long as 104550 is support look for 109050.
Our pivot point stands at 104550.
Our preference:
as long as 104550 is support look for 109050.
Alternative scenario:
below 104550, expect 102880 and 101890.
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 trading under its 20 period moving average (106065) but above its 50 period moving average (104037).
Supports and resistances:
111040 **
110040 *
109050 **
108050
106065 last
105210
104550 **
102880 *
101890 **
Our preference:
as long as 104550 is support look for 109050.
Alternative scenario:
below 104550, expect 102880 and 101890.
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 trading under its 20 period moving average (106065) but above its 50 period moving average (104037).
Supports and resistances:
111040 **
110040 *
109050 **
108050
106065 last
105210
104550 **
102880 *
101890 **
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