Bitcoin Intraday: as long as 111300 is support look for 114250
Bitcoin (BTC/USD)
-220.60-0.19%
as long as 111300 is support look for 114250.
Our pivot point is at 111300.
Our preference: as long as 111300 is support look for 114250.
Alternative scenario: the downside breakout of 111300 would call for 110180 and 109510.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 111928 and 110800).
Supports and resistances:
115590 **
114920 *
114250 **
113580
112187 last
111750
111300 **
110180 *
109510 **
Our preference: as long as 111300 is support look for 114250.
Alternative scenario: the downside breakout of 111300 would call for 110180 and 109510.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 111928 and 110800).
Supports and resistances:
115590 **
114920 *
114250 **
113580
112187 last
111750
111300 **
110180 *
109510 **
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