Bitcoin / Dollar intraday: the upside prevails as long as 34116 is support

Trading Central 2021-01-14 01:41:04

34116 is our pivot point.

Our preference: the upside prevails as long as 34116 is support.

Alternative scenario: below 34116, expect 33210 and 32671.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 34581 and 34164).

Supports and resistances:

37681 **

37139 *

36598 **

36057

34888 last

34471

34116 **

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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