Bitcoin Intraday: as long as 93050 is support look for 98460
Apr 29, 2025 6:50 AM
as long as 93050 is support look for 98460.
Our pivot point is at 93050.
Our preference:
as long as 93050 is support look for 98460.
Alternative scenario:
the downside breakout of 93050 would call for 90990 and 89770.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (94736) but above its 50 period moving average (94631).
Supports and resistances:
100910 **
99680 *
98460 **
97230
94666 last
93860
93050 **
90990 *
89770 **
Our preference:
as long as 93050 is support look for 98460.
Alternative scenario:
the downside breakout of 93050 would call for 90990 and 89770.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (94736) but above its 50 period moving average (94631).
Supports and resistances:
100910 **
99680 *
98460 **
97230
94666 last
93860
93050 **
90990 *
89770 **
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