Bitcoin Intraday: as long as 98430 is support look for 102470
Jan 16, 2025 7:50 AM
as long as 98430 is support look for 102470.
Our pivot point is at 98430.
Our preference:
as long as 98430 is support look for 102470.
Alternative scenario:
below 98430, expect 96890 and 95980.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (99762) but above its 50 period moving average (98894).
Supports and resistances:
104300 **
103390 *
102470 **
101560
99694 last
99030
98430 **
96890 *
95980 **
Our preference:
as long as 98430 is support look for 102470.
Alternative scenario:
below 98430, expect 96890 and 95980.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (99762) but above its 50 period moving average (98894).
Supports and resistances:
104300 **
103390 *
102470 **
101560
99694 last
99030
98430 **
96890 *
95980 **
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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