Bitcoin Intraday: as long as 99970 is support look for 103910
Feb 4, 2025 1:05 AM
as long as 99970 is support look for 103910.
99970 is our pivot point.
Our preference:
as long as 99970 is support look for 103910.
Alternative scenario:
the downside breakout of 99970 would call for 98450 and 97540.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 100692 and 97206).
Supports and resistances:
105730 **
104820 *
103910 **
103000
101186 last
100570
99970 **
98450 *
97540 **
Our preference:
as long as 99970 is support look for 103910.
Alternative scenario:
the downside breakout of 99970 would call for 98450 and 97540.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 100692 and 97206).
Supports and resistances:
105730 **
104820 *
103910 **
103000
101186 last
100570
99970 **
98450 *
97540 **
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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