Bitcoin Intraday: as long as 96230 is resistance look for 92810
Feb 19, 2025 5:05 AM
as long as 96230 is resistance look for 92810.
96230 is our pivot point.
Our preference:
as long as 96230 is resistance look for 92810.
Alternative scenario:
the upside breakout of 96230, would call for 97540 and 98330.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading above its 20 period moving average (95189) but under its 50 period moving average (95308).
Supports and resistances:
98330 **
97540 *
96230 **
95720
95202 last
93590
92810 **
92030 *
91250 **
Our preference:
as long as 96230 is resistance look for 92810.
Alternative scenario:
the upside breakout of 96230, would call for 97540 and 98330.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading above its 20 period moving average (95189) but under its 50 period moving average (95308).
Supports and resistances:
98330 **
97540 *
96230 **
95720
95202 last
93590
92810 **
92030 *
91250 **
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