Bitcoin Intraday: rebound towards 86930
Apr 16, 2025 4:05 AM
rebound towards 86930.
82230 is our pivot point.
Our preference:
rebound towards 86930.
Alternative scenario:
below 82230, expect 80410 and 79320.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 83819 and 84761).
Supports and resistances:
89100 **
88020 *
86930 **
85850
83661 last
82940
82230 **
80410 *
79320 **
Our preference:
rebound towards 86930.
Alternative scenario:
below 82230, expect 80410 and 79320.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 83819 and 84761).
Supports and resistances:
89100 **
88020 *
86930 **
85850
83661 last
82940
82230 **
80410 *
79320 **
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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