Bitcoin Intraday: as long as 101130 is support look for 105600
Jan 28, 2025 9:42 AM
as long as 101130 is support look for 105600.
Our pivot point is at 101130.
Our preference:
as long as 101130 is support look for 105600.
Alternative scenario:
below 101130, expect 99520 and 98560.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 102507 and 101163).
Supports and resistances:
107530 **
106560 *
105600 **
104640
102604 last
101760
101130 **
99520 *
98560 **
Our preference:
as long as 101130 is support look for 105600.
Alternative scenario:
below 101130, expect 99520 and 98560.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 102507 and 101163).
Supports and resistances:
107530 **
106560 *
105600 **
104640
102604 last
101760
101130 **
99520 *
98560 **
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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