Bitcoin Intraday: as long as 97080 is support look for 100580
Feb 21, 2025 3:05 AM
as long as 97080 is support look for 100580.
Our pivot point stands at 97080.
Our preference:
as long as 97080 is support look for 100580.
Alternative scenario:
the downside breakout of 97080 would call for 95730 and 94920.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (98288) but above its 50 period moving average (97646).
Supports and resistances:
102190 **
101390 *
100580 **
99780
98165 last
97610
97080 **
95730 *
94920 **
Our preference:
as long as 97080 is support look for 100580.
Alternative scenario:
the downside breakout of 97080 would call for 95730 and 94920.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (98288) but above its 50 period moving average (97646).
Supports and resistances:
102190 **
101390 *
100580 **
99780
98165 last
97610
97080 **
95730 *
94920 **
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