Bitcoin Intraday: the upside prevails as long as 106180 is support
Jan 20, 2025 9:41 AM
the upside prevails as long as 106180 is support.
Our pivot point is at 106180.
Our preference:
the upside prevails as long as 106180 is support.
Alternative scenario:
below 106180, expect 104530 and 103540.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 103650 and 104143).
Supports and resistances:
113120 **
112130 *
111140 **
110150
107512 last
106830
106180 **
104530 *
103540 **
Our preference:
the upside prevails as long as 106180 is support.
Alternative scenario:
below 106180, expect 104530 and 103540.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 103650 and 104143).
Supports and resistances:
113120 **
112130 *
111140 **
110150
107512 last
106830
106180 **
104530 *
103540 **
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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