Bitcoin Intraday: as long as 103570 is support look for 107810
Jan 30, 2025 7:50 AM
as long as 103570 is support look for 107810.
Our pivot point stands at 103570.
Our preference:
as long as 103570 is support look for 107810.
Alternative scenario:
the downside breakout of 103570 would call for 101990 and 101040.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 104556 and 103359).
Supports and resistances:
109700 **
108750 *
107810 **
106870
104895 last
104190
103570 **
101990 *
101040 **
Our preference:
as long as 103570 is support look for 107810.
Alternative scenario:
the downside breakout of 103570 would call for 101990 and 101040.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 104556 and 103359).
Supports and resistances:
109700 **
108750 *
107810 **
106870
104895 last
104190
103570 **
101990 *
101040 **
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