Bitcoin Intraday: the downside prevails as long as 95670 is resistance
Jan 9, 2025 5:05 AM
the downside prevails as long as 95670 is resistance.
95670 is our pivot point.
Our preference:
the downside prevails as long as 95670 is resistance.
Alternative scenario:
above 95670, look for 97330 and 98320.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94565 and 95015).
Supports and resistances:
98320 **
97330 *
95670 **
95020
94317 last
92350
91360 **
90370 *
89390 **
Our preference:
the downside prevails as long as 95670 is resistance.
Alternative scenario:
above 95670, look for 97330 and 98320.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94565 and 95015).
Supports and resistances:
98320 **
97330 *
95670 **
95020
94317 last
92350
91360 **
90370 *
89390 **
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