Bitcoin Intraday: the upside prevails as long as 82370 is support
Apr 11, 2025 7:51 PM
the upside prevails as long as 82370 is support.
82370 is our pivot point.
Our preference:
the upside prevails as long as 82370 is support.
Alternative scenario:
below 82370, expect 80730 and 79750.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 82688 and 81304).
Supports and resistances:
88740 **
87760 *
86780 **
85800
83828 last
83020
82370 **
80730 *
79750 **
Our preference:
the upside prevails as long as 82370 is support.
Alternative scenario:
below 82370, expect 80730 and 79750.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 82688 and 81304).
Supports and resistances:
88740 **
87760 *
86780 **
85800
83828 last
83020
82370 **
80730 *
79750 **
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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