Bitcoin Intraday: target 94790
Feb 15, 2025 7:50 AM
target 94790.
Our pivot point is at 98600.
Our preference:
target 94790.
Alternative scenario:
the upside breakout of 98600, would call for 100040 and 100900.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (97557) but above its 50 period moving average (97359).
Supports and resistances:
100900 **
100040 *
98600 **
98030
97415 last
95650
94790 **
93930 *
93070 **
Our preference:
target 94790.
Alternative scenario:
the upside breakout of 98600, would call for 100040 and 100900.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (97557) but above its 50 period moving average (97359).
Supports and resistances:
100900 **
100040 *
98600 **
98030
97415 last
95650
94790 **
93930 *
93070 **
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