Bitcoin Intraday: as long as 103980 is support look for 108290
Jan 30, 2025 9:41 AM
as long as 103980 is support look for 108290.
Our pivot point stands at 103980.
Our preference:
as long as 103980 is support look for 108290.
Alternative scenario:
the downside breakout of 103980 would call for 102390 and 101450.
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 104863 and 103567).
Supports and resistances:
110180 **
109240 *
108290 **
107340
105449 last
104600
103980 **
102390 *
101450 **
Our preference:
as long as 103980 is support look for 108290.
Alternative scenario:
the downside breakout of 103980 would call for 102390 and 101450.
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 104863 and 103567).
Supports and resistances:
110180 **
109240 *
108290 **
107340
105449 last
104600
103980 **
102390 *
101450 **
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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