Bitcoin Short Term: the upside prevails as long as 93000 is support
Jan 28, 2025 11:04 AM
the upside prevails as long as 93000 is support.
Our pivot point stands at 93000.
Our preference:
the upside prevails as long as 93000 is support.
Alternative scenario:
the downside breakout of 93000 would call for 82410 and 76110.
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 100518 and 99053).
Supports and resistances:
135450 **
129030 *
122600 **
116170
102762 last
97160
93000 **
82410 *
76110 **
Our preference:
the upside prevails as long as 93000 is support.
Alternative scenario:
the downside breakout of 93000 would call for 82410 and 76110.
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 100518 and 99053).
Supports and resistances:
135450 **
129030 *
122600 **
116170
102762 last
97160
93000 **
82410 *
76110 **
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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