Bitcoin Intraday: as long as 111730 is support look for 114810
Bitcoin (BTC/USD)
+29.81+0.03%
as long as 111730 is support look for 114810.
111730 is our pivot point.
Our preference: as long as 111730 is support look for 114810.
Alternative scenario: below 111730, expect 110600 and 109930.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 112555 and 112286).
Supports and resistances:
116150 **
115480 *
114810 **
114140
112628 last
112170
111730 **
110600 *
109930 **
Our preference: as long as 111730 is support look for 114810.
Alternative scenario: below 111730, expect 110600 and 109930.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 112555 and 112286).
Supports and resistances:
116150 **
115480 *
114810 **
114140
112628 last
112170
111730 **
110600 *
109930 **
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.
