Bitcoin Intraday: rebound towards 104550
Jan 29, 2025 3:05 AM
rebound towards 104550.
100470 is our pivot point.
Our preference:
rebound towards 104550.
Alternative scenario:
below 100470, expect 98940 and 98020.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (101621) but below its 50 period moving average (102276).
Supports and resistances:
106380 **
105460 *
104550 **
103630
101748 last
101070
100470 **
98940 *
98020 **
Our preference:
rebound towards 104550.
Alternative scenario:
below 100470, expect 98940 and 98020.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (101621) but below its 50 period moving average (102276).
Supports and resistances:
106380 **
105460 *
104550 **
103630
101748 last
101070
100470 **
98940 *
98020 **
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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Bitcoin
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