Bitcoin Intraday: the upside prevails as long as 93120 is support
Jan 14, 2025 1:05 AM
the upside prevails as long as 93120 is support.
Our pivot point is at 93120.
Our preference:
the upside prevails as long as 93120 is support.
Alternative scenario:
below 93120, expect 91460 and 90480.
Comment:
the RSI is above 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 93085 and 93023).
Supports and resistances:
99590 **
98600 *
97610 **
96630
94642 last
93770
93120 **
91460 *
90480 **
Our preference:
the upside prevails as long as 93120 is support.
Alternative scenario:
below 93120, expect 91460 and 90480.
Comment:
the RSI is above 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 93085 and 93023).
Supports and resistances:
99590 **
98600 *
97610 **
96630
94642 last
93770
93120 **
91460 *
90480 **
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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