Bitcoin Intraday: as long as 106370 is support look for 109720
Bitcoin (BTC/USD)
-1.20-0.00%
as long as 106370 is support look for 109720.
Our pivot point stands at 106370.
Our preference: as long as 106370 is support look for 109720.
Alternative scenario: below 106370, expect 105100 and 104350.
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 under its 20 period moving average (107485) but above its 50 period moving average (107027).
Supports and resistances:
111230 **
110470 *
109720 **
108970
107461 last
106860
106370 **
105100 *
104350 **
Our preference: as long as 106370 is support look for 109720.
Alternative scenario: below 106370, expect 105100 and 104350.
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 under its 20 period moving average (107485) but above its 50 period moving average (107027).
Supports and resistances:
111230 **
110470 *
109720 **
108970
107461 last
106860
106370 **
105100 *
104350 **
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