Bitcoin Intraday: the upside prevails as long as 93380 is support
Apr 29, 2025 12:05 AM
the upside prevails as long as 93380 is support.
Our pivot point is at 93380.
Our preference:
the upside prevails as long as 93380 is support.
Alternative scenario:
below 93380, expect 91310 and 90080.
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 trading above both its 20 and 50 period moving average (respectively at 94390 and 94370).
Supports and resistances:
101180 **
99950 *
98720 **
97490
95023 last
94190
93380 **
91310 *
90080 **
Our preference:
the upside prevails as long as 93380 is support.
Alternative scenario:
below 93380, expect 91310 and 90080.
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 trading above both its 20 and 50 period moving average (respectively at 94390 and 94370).
Supports and resistances:
101180 **
99950 *
98720 **
97490
95023 last
94190
93380 **
91310 *
90080 **
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