Bitcoin Intraday: the upside prevails as long as 96110 is support
Feb 20, 2025 5:05 AM
the upside prevails as long as 96110 is support.
Our pivot point stands at 96110.
Our preference:
the upside prevails as long as 96110 is support.
Alternative scenario:
below 96110, expect 94770 and 93980.
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 above its 20 and 50 period moving average (respectively at 96693 and 96231).
Supports and resistances:
101190 **
100390 *
99600 **
98800
97164 last
96640
96110 **
94770 *
93980 **
Our preference:
the upside prevails as long as 96110 is support.
Alternative scenario:
below 96110, expect 94770 and 93980.
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 above its 20 and 50 period moving average (respectively at 96693 and 96231).
Supports and resistances:
101190 **
100390 *
99600 **
98800
97164 last
96640
96110 **
94770 *
93980 **
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