Bitcoin Intraday: target 81600
Apr 2, 2025 4:05 AM
target 81600.
Our pivot point stands at 85890.
Our preference:
target 81600.
Alternative scenario:
above 85890, look for 87520 and 88490.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (85006) but above its 50 period moving average (84388).
Supports and resistances:
88490 **
87520 *
85890 **
85250
84598 last
82570
81600 **
80630 *
79660 **
Our preference:
target 81600.
Alternative scenario:
above 85890, look for 87520 and 88490.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (85006) but above its 50 period moving average (84388).
Supports and resistances:
88490 **
87520 *
85890 **
85250
84598 last
82570
81600 **
80630 *
79660 **
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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