Bitcoin Intraday: as long as 95980 is support look for 99840
Jan 15, 2025 5:05 AM
as long as 95980 is support look for 99840.
95980 is our pivot point.
Our preference:
as long as 95980 is support look for 99840.
Alternative scenario:
the downside breakout of 95980 would call for 94490 and 93600.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 96845 and 96323).
Supports and resistances:
101620 **
100730 *
99840 **
98950
97155 last
96570
95980 **
94490 *
93600 **
Our preference:
as long as 95980 is support look for 99840.
Alternative scenario:
the downside breakout of 95980 would call for 94490 and 93600.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 96845 and 96323).
Supports and resistances:
101620 **
100730 *
99840 **
98950
97155 last
96570
95980 **
94490 *
93600 **
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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