Bitcoin Intraday: as long as 110170 is support look for 113200
Bitcoin (BTC/USD)
-139.80-0.13%
as long as 110170 is support look for 113200.
Our pivot point stands at 110170.
Our preference: as long as 110170 is support look for 113200.
Alternative scenario: below 110170, expect 109070 and 108410.
Comment: the RSI is above 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 110989 and 109676).
Supports and resistances:
114510 **
113850 *
113200 **
112540
111070 last
110610
110170 **
109070 *
108410 **
Our preference: as long as 110170 is support look for 113200.
Alternative scenario: below 110170, expect 109070 and 108410.
Comment: the RSI is above 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 110989 and 109676).
Supports and resistances:
114510 **
113850 *
113200 **
112540
111070 last
110610
110170 **
109070 *
108410 **
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