Bitcoin Intraday: the upside prevails as long as 96110 is support
Feb 20, 2025 5:05 AM
the upside prevails as long as 96110 is support.
Our pivot point stands at 96110.
Our preference:
the upside prevails as long as 96110 is support.
Alternative scenario:
below 96110, expect 94770 and 93980.
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 96693 and 96231).
Supports and resistances:
101190 **
100390 *
99600 **
98800
97164 last
96640
96110 **
94770 *
93980 **
Our preference:
the upside prevails as long as 96110 is support.
Alternative scenario:
below 96110, expect 94770 and 93980.
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 96693 and 96231).
Supports and resistances:
101190 **
100390 *
99600 **
98800
97164 last
96640
96110 **
94770 *
93980 **
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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