Bitcoin Intraday: our next up target stands at 100400
Feb 6, 2025 5:05 AM
our next up target stands at 100400.
96440 is our pivot point.
Our preference:
our next up target stands at 100400.
Alternative scenario:
below 96440, expect 94920 and 94010.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 97130 and 97606).
Supports and resistances:
102210 **
101310 *
100400 **
99490
97664 last
97040
96440 **
94920 *
94010 **
Our preference:
our next up target stands at 100400.
Alternative scenario:
below 96440, expect 94920 and 94010.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 97130 and 97606).
Supports and resistances:
102210 **
101310 *
100400 **
99490
97664 last
97040
96440 **
94920 *
94010 **
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