Bitcoin Intraday: as long as 101130 is support look for 105600
Jan 28, 2025 9:42 AM
as long as 101130 is support look for 105600.
Our pivot point is at 101130.
Our preference:
as long as 101130 is support look for 105600.
Alternative scenario:
below 101130, expect 99520 and 98560.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 102507 and 101163).
Supports and resistances:
107530 **
106560 *
105600 **
104640
102604 last
101760
101130 **
99520 *
98560 **
Our preference:
as long as 101130 is support look for 105600.
Alternative scenario:
below 101130, expect 99520 and 98560.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 102507 and 101163).
Supports and resistances:
107530 **
106560 *
105600 **
104640
102604 last
101760
101130 **
99520 *
98560 **
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