Bitcoin Intraday: as long as 95870 is support look for 99430
Feb 20, 2025 7:50 AM
as long as 95870 is support look for 99430.
95870 is our pivot point.
Our preference:
as long as 95870 is support look for 99430.
Alternative scenario:
the downside breakout of 95870 would call for 94540 and 93740.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 96869 and 96398).
Supports and resistances:
101020 **
100230 *
99430 **
98640
97031 last
96400
95870 **
94540 *
93740 **
Our preference:
as long as 95870 is support look for 99430.
Alternative scenario:
the downside breakout of 95870 would call for 94540 and 93740.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 96869 and 96398).
Supports and resistances:
101020 **
100230 *
99430 **
98640
97031 last
96400
95870 **
94540 *
93740 **
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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Bitcoin
96878.00
-1181.45
-1.20%