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Bitcoin Intraday: target 93480
Jan 3, 2025 1:05 AM
target 93480.
Our pivot point is at 98170.
Our preference:
target 93480.
Alternative scenario:
the upside breakout of 98170, would call for 99980 and 101060.
Comment:
the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (96974) but above its 50 period moving average (96279).
Supports and resistances:
101060 **
99980 *
98170 **
97450
96714 last
94560
93480 **
92400 *
91320 **
Our preference:
target 93480.
Alternative scenario:
the upside breakout of 98170, would call for 99980 and 101060.
Comment:
the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (96974) but above its 50 period moving average (96279).
Supports and resistances:
101060 **
99980 *
98170 **
97450
96714 last
94560
93480 **
92400 *
91320 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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