Bitcoin Intraday: the upside prevails as long as 84980 is support
Apr 2, 2025 7:50 PM
the upside prevails as long as 84980 is support.
Our pivot point is at 84980.
Our preference:
the upside prevails as long as 84980 is support.
Alternative scenario:
the downside breakout of 84980 would call for 83310 and 82320.
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 85829 and 85217).
Supports and resistances:
91480 **
90490 *
89490 **
88500
86499 last
85630
84980 **
83310 *
82320 **
Our preference:
the upside prevails as long as 84980 is support.
Alternative scenario:
the downside breakout of 84980 would call for 83310 and 82320.
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 85829 and 85217).
Supports and resistances:
91480 **
90490 *
89490 **
88500
86499 last
85630
84980 **
83310 *
82320 **
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