Bitcoin Intraday: the upside prevails as long as 96130 is support
Feb 20, 2025 3:05 AM
the upside prevails as long as 96130 is support.
Our pivot point is at 96130.
Our preference:
the upside prevails as long as 96130 is support.
Alternative scenario:
below 96130, expect 94790 and 93990.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 96473 and 96113).
Supports and resistances:
101170 **
100370 *
99580 **
98780
97184 last
96650
96130 **
94790 *
93990 **
Our preference:
the upside prevails as long as 96130 is support.
Alternative scenario:
below 96130, expect 94790 and 93990.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 96473 and 96113).
Supports and resistances:
101170 **
100370 *
99580 **
98780
97184 last
96650
96130 **
94790 *
93990 **
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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