Bitcoin Intraday: the upside prevails as long as 101630 is support
Jan 28, 2025 5:04 AM
the upside prevails as long as 101630 is support.
Our pivot point is at 101630.
Our preference:
the upside prevails as long as 101630 is support.
Alternative scenario:
below 101630, expect 100010 and 99050.
Comment:
the RSI is above its neutrality area at 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 101810 and 100556).
Supports and resistances:
107840 **
106870 *
105910 **
104940
103008 last
102270
101630 **
100010 *
99050 **
Our preference:
the upside prevails as long as 101630 is support.
Alternative scenario:
below 101630, expect 100010 and 99050.
Comment:
the RSI is above its neutrality area at 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 101810 and 100556).
Supports and resistances:
107840 **
106870 *
105910 **
104940
103008 last
102270
101630 **
100010 *
99050 **
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