Bitcoin Intraday: the upside prevails as long as 93510 is support
Jan 14, 2025 3:07 AM
the upside prevails as long as 93510 is support.
93510 is our pivot point.
Our preference:
the upside prevails as long as 93510 is support.
Alternative scenario:
below 93510, expect 91840 and 90850.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 93726 and 93044).
Supports and resistances:
99840 **
98850 *
97860 **
96860
94820 last
94160
93510 **
91840 *
90850 **
Our preference:
the upside prevails as long as 93510 is support.
Alternative scenario:
below 93510, expect 91840 and 90850.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 93726 and 93044).
Supports and resistances:
99840 **
98850 *
97860 **
96860
94820 last
94160
93510 **
91840 *
90850 **
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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