Bitcoin Intraday: the upside prevails as long as 102990 is support
Jan 23, 2025 8:50 PM
the upside prevails as long as 102990 is support.
Our pivot point is at 102990.
Our preference:
the upside prevails as long as 102990 is support.
Alternative scenario:
the downside breakout of 102990 would call for 101350 and 100370.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 104040 and 103318).
Supports and resistances:
110780 **
109790 *
108800 **
107810
104496 last
103640
102990 **
101350 *
100370 **
Our preference:
the upside prevails as long as 102990 is support.
Alternative scenario:
the downside breakout of 102990 would call for 101350 and 100370.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 104040 and 103318).
Supports and resistances:
110780 **
109790 *
108800 **
107810
104496 last
103640
102990 **
101350 *
100370 **
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