Bitcoin Intraday: as long as 98600 is support look for 102700
Jan 16, 2025 1:05 AM
as long as 98600 is support look for 102700.
Our pivot point stands at 98600.
Our preference:
as long as 98600 is support look for 102700.
Alternative scenario:
below 98600, expect 97070 and 96150.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 99604 and 98215).
Supports and resistances:
104530 **
103620 *
102700 **
101780
99955 last
99210
98600 **
97070 *
96150 **
Our preference:
as long as 98600 is support look for 102700.
Alternative scenario:
below 98600, expect 97070 and 96150.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 99604 and 98215).
Supports and resistances:
104530 **
103620 *
102700 **
101780
99955 last
99210
98600 **
97070 *
96150 **
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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