Bitcoin Intraday: the downside prevails as long as 94310 is resistance
Jan 13, 2025 9:42 AM
the downside prevails as long as 94310 is resistance.
Our pivot point stands at 94310.
Our preference:
the downside prevails as long as 94310 is resistance.
Alternative scenario:
the upside breakout of 94310, would call for 95940 and 96910.
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 94040 and 94327).
Supports and resistances:
96910 **
95940 *
94310 **
93670
92989 last
90640
89670 **
88710 *
87740 **
Our preference:
the downside prevails as long as 94310 is resistance.
Alternative scenario:
the upside breakout of 94310, would call for 95940 and 96910.
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 94040 and 94327).
Supports and resistances:
96910 **
95940 *
94310 **
93670
92989 last
90640
89670 **
88710 *
87740 **
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