Bitcoin Intraday: the upside prevails as long as 99810 is support
Jan 17, 2025 3:05 AM
the upside prevails as long as 99810 is support.
99810 is our pivot point.
Our preference:
the upside prevails as long as 99810 is support.
Alternative scenario:
below 99810, expect 98250 and 97330.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 100265 and 99673).
Supports and resistances:
105740 **
104810 *
103890 **
102960
101111 last
100420
99810 **
98250 *
97330 **
Our preference:
the upside prevails as long as 99810 is support.
Alternative scenario:
below 99810, expect 98250 and 97330.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 100265 and 99673).
Supports and resistances:
105740 **
104810 *
103890 **
102960
101111 last
100420
99810 **
98250 *
97330 **
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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