Bitcoin Intraday: the upside prevails as long as 95750 is support
Feb 20, 2025 1:05 AM
the upside prevails as long as 95750 is support.
95750 is our pivot point.
Our preference:
the upside prevails as long as 95750 is support.
Alternative scenario:
below 95750, expect 94410 and 93620.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 96321 and 95984).
Supports and resistances:
100890 **
100100 *
99300 **
98510
96918 last
96270
95750 **
94410 *
93620 **
Our preference:
the upside prevails as long as 95750 is support.
Alternative scenario:
below 95750, expect 94410 and 93620.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 96321 and 95984).
Supports and resistances:
100890 **
100100 *
99300 **
98510
96918 last
96270
95750 **
94410 *
93620 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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