Bitcoin Intraday: as long as 97490 is support look for 101450
Feb 6, 2025 2:02 PM
as long as 97490 is support look for 101450.
Our pivot point is at 97490.
Our preference:
as long as 97490 is support look for 101450.
Alternative scenario:
the downside breakout of 97490 would call for 95950 and 95030.
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 98387 and 97789).
Supports and resistances:
103280 **
102360 *
101450 **
100530
98699 last
98090
97490 **
95950 *
95030 **
Our preference:
as long as 97490 is support look for 101450.
Alternative scenario:
the downside breakout of 97490 would call for 95950 and 95030.
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 98387 and 97789).
Supports and resistances:
103280 **
102360 *
101450 **
100530
98699 last
98090
97490 **
95950 *
95030 **
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