Bitcoin Intraday: as long as 98400 is support look for 102340
Jan 16, 2025 5:05 AM
as long as 98400 is support look for 102340.
98400 is our pivot point.
Our preference:
as long as 98400 is support look for 102340.
Alternative scenario:
below 98400, expect 96870 and 95950.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (99819) but above its 50 period moving average (98634).
Supports and resistances:
104160 **
103250 *
102340 **
101430
99603 last
99000
98400 **
96870 *
95950 **
Our preference:
as long as 98400 is support look for 102340.
Alternative scenario:
below 98400, expect 96870 and 95950.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (99819) but above its 50 period moving average (98634).
Supports and resistances:
104160 **
103250 *
102340 **
101430
99603 last
99000
98400 **
96870 *
95950 **
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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