Bitcoin Intraday: as long as 96120 is support look for 99620
Feb 20, 2025 9:40 AM
as long as 96120 is support look for 99620.
Our pivot point stands at 96120.
Our preference:
as long as 96120 is support look for 99620.
Alternative scenario:
the downside breakout of 96120 would call for 94780 and 93980.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 96978 and 96513).
Supports and resistances:
101220 **
100420 *
99620 **
98820
97173 last
96650
96120 **
94780 *
93980 **
Our preference:
as long as 96120 is support look for 99620.
Alternative scenario:
the downside breakout of 96120 would call for 94780 and 93980.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 96978 and 96513).
Supports and resistances:
101220 **
100420 *
99620 **
98820
97173 last
96650
96120 **
94780 *
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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