Bitcoin Intraday: the downside prevails as long as 96790 is resistance
Feb 18, 2025 1:05 AM
the downside prevails as long as 96790 is resistance.
96790 is our pivot point.
Our preference:
the downside prevails as long as 96790 is resistance.
Alternative scenario:
above 96790, look for 98200 and 99050.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 95710 and 96051).
Supports and resistances:
99050 **
98200 *
96790 **
96230
95671 last
93910
93070 **
92230 *
91380 **
Our preference:
the downside prevails as long as 96790 is resistance.
Alternative scenario:
above 96790, look for 98200 and 99050.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 95710 and 96051).
Supports and resistances:
99050 **
98200 *
96790 **
96230
95671 last
93910
93070 **
92230 *
91380 **
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