Bitcoin Intraday: the upside prevails as long as 102730 is support
Jan 30, 2025 1:05 AM
the upside prevails as long as 102730 is support.
Our pivot point is at 102730.
Our preference:
the upside prevails as long as 102730 is support.
Alternative scenario:
below 102730, expect 101160 and 100230.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 103190 and 102583).
Supports and resistances:
108670 **
107740 *
106800 **
105870
104000 last
103340
102730 **
101160 *
100230 **
Our preference:
the upside prevails as long as 102730 is support.
Alternative scenario:
below 102730, expect 101160 and 100230.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 103190 and 102583).
Supports and resistances:
108670 **
107740 *
106800 **
105870
104000 last
103340
102730 **
101160 *
100230 **
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