Bitcoin Intraday: the upside prevails as long as 97020 is support
Feb 10, 2025 2:02 PM
the upside prevails as long as 97020 is support.
97020 is our pivot point.
Our preference:
the upside prevails as long as 97020 is support.
Alternative scenario:
below 97020, expect 95490 and 94580.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 97533 and 96731).
Supports and resistances:
102790 **
101870 *
100960 **
100050
98226 last
97620
97020 **
95490 *
94580 **
Our preference:
the upside prevails as long as 97020 is support.
Alternative scenario:
below 97020, expect 95490 and 94580.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 97533 and 96731).
Supports and resistances:
102790 **
101870 *
100960 **
100050
98226 last
97620
97020 **
95490 *
94580 **
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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