Bitcoin Intraday: the upside prevails as long as 102990 is support
Jan 23, 2025 8:50 PM
the upside prevails as long as 102990 is support.
Our pivot point is at 102990.
Our preference:
the upside prevails as long as 102990 is support.
Alternative scenario:
the downside breakout of 102990 would call for 101350 and 100370.
Comment:
the RSI is above 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 104040 and 103318).
Supports and resistances:
110780 **
109790 *
108800 **
107810
104496 last
103640
102990 **
101350 *
100370 **
Our preference:
the upside prevails as long as 102990 is support.
Alternative scenario:
the downside breakout of 102990 would call for 101350 and 100370.
Comment:
the RSI is above 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 104040 and 103318).
Supports and resistances:
110780 **
109790 *
108800 **
107810
104496 last
103640
102990 **
101350 *
100370 **
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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