Bitcoin Intraday: as long as 103580 is support look for 107640
Jan 30, 2025 2:02 PM
as long as 103580 is support look for 107640.
Our pivot point stands at 103580.
Our preference:
as long as 103580 is support look for 107640.
Alternative scenario:
the downside breakout of 103580 would call for 101990 and 101050.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (105157) but above its 50 period moving average (104060).
Supports and resistances:
109520 **
108580 *
107640 **
106700
104818 last
104200
103580 **
101990 *
101050 **
Our preference:
as long as 103580 is support look for 107640.
Alternative scenario:
the downside breakout of 103580 would call for 101990 and 101050.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (105157) but above its 50 period moving average (104060).
Supports and resistances:
109520 **
108580 *
107640 **
106700
104818 last
104200
103580 **
101990 *
101050 **
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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