Bitcoin Intraday: the upside prevails as long as 97020 is support
Feb 10, 2025 2:02 PM
the upside prevails as long as 97020 is support.
97020 is our pivot point.
Our preference:
the upside prevails as long as 97020 is support.
Alternative scenario:
below 97020, expect 95490 and 94580.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 97533 and 96731).
Supports and resistances:
102790 **
101870 *
100960 **
100050
98226 last
97620
97020 **
95490 *
94580 **
Our preference:
the upside prevails as long as 97020 is support.
Alternative scenario:
below 97020, expect 95490 and 94580.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 97533 and 96731).
Supports and resistances:
102790 **
101870 *
100960 **
100050
98226 last
97620
97020 **
95490 *
94580 **
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