Bitcoin Intraday: the upside prevails as long as 95870 is support
Feb 14, 2025 9:40 AM
the upside prevails as long as 95870 is support.
95870 is our pivot point.
Our preference:
the upside prevails as long as 95870 is support.
Alternative scenario:
the downside breakout of 95870 would call for 94430 and 93580.
Comment:
the RSI is above 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 96824 and 96352).
Supports and resistances:
101370 **
100520 *
99660 **
98800
97088 last
96440
95870 **
94430 *
93580 **
Our preference:
the upside prevails as long as 95870 is support.
Alternative scenario:
the downside breakout of 95870 would call for 94430 and 93580.
Comment:
the RSI is above 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 96824 and 96352).
Supports and resistances:
101370 **
100520 *
99660 **
98800
97088 last
96440
95870 **
94430 *
93580 **
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