Bitcoin Intraday: the downside prevails as long as 100210 is resistance
Feb 4, 2025 8:52 PM
the downside prevails as long as 100210 is resistance.
100210 is our pivot point.
Our preference:
the downside prevails as long as 100210 is resistance.
Alternative scenario:
the upside breakout of 100210, would call for 101760 and 102680.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 99307 and 99889).
Supports and resistances:
102680 **
101760 *
100210 **
99610
98834 last
96430
95510 **
94600 *
93690 **
Our preference:
the downside prevails as long as 100210 is resistance.
Alternative scenario:
the upside breakout of 100210, would call for 101760 and 102680.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 99307 and 99889).
Supports and resistances:
102680 **
101760 *
100210 **
99610
98834 last
96430
95510 **
94600 *
93690 **
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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