Bitcoin Intraday: rebound towards 105350
Jan 23, 2025 7:50 AM
rebound towards 105350.
Our pivot point stands at 100840.
Our preference:
rebound towards 105350.
Alternative scenario:
the downside breakout of 100840 would call for 99230 and 98270.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 102820 and 103889).
Supports and resistances:
107270 **
106310 *
105350 **
104390
102469 last
101470
100840 **
99230 *
98270 **
Our preference:
rebound towards 105350.
Alternative scenario:
the downside breakout of 100840 would call for 99230 and 98270.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 102820 and 103889).
Supports and resistances:
107270 **
106310 *
105350 **
104390
102469 last
101470
100840 **
99230 *
98270 **
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