Bitcoin Intraday: the upside prevails as long as 103610 is support
Jan 17, 2025 8:52 PM
the upside prevails as long as 103610 is support.
Our pivot point is at 103610.
Our preference:
the upside prevails as long as 103610 is support.
Alternative scenario:
below 103610, expect 102000 and 101040.
Comment:
the RSI is above its neutrality area at 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 103937 and 102187).
Supports and resistances:
110200 **
109240 *
108270 **
107310
104988 last
104240
103610 **
102000 *
101040 **
Our preference:
the upside prevails as long as 103610 is support.
Alternative scenario:
below 103610, expect 102000 and 101040.
Comment:
the RSI is above its neutrality area at 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 103937 and 102187).
Supports and resistances:
110200 **
109240 *
108270 **
107310
104988 last
104240
103610 **
102000 *
101040 **
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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