Bitcoin Intraday: the upside prevails as long as 93820 is support
Jan 13, 2025 1:05 AM
the upside prevails as long as 93820 is support.
Our pivot point stands at 93820.
Our preference:
the upside prevails as long as 93820 is support.
Alternative scenario:
the downside breakout of 93820 would call for 92150 and 91160.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 94726 and 94526).
Supports and resistances:
100310 **
99320 *
98320 **
97320
95134 last
94480
93820 **
92150 *
91160 **
Our preference:
the upside prevails as long as 93820 is support.
Alternative scenario:
the downside breakout of 93820 would call for 92150 and 91160.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 94726 and 94526).
Supports and resistances:
100310 **
99320 *
98320 **
97320
95134 last
94480
93820 **
92150 *
91160 **
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