Bitcoin Intraday: as long as 97260 is support look for 100940
Feb 21, 2025 7:50 AM
as long as 97260 is support look for 100940.
Our pivot point stands at 97260.
Our preference:
as long as 97260 is support look for 100940.
Alternative scenario:
the downside breakout of 97260 would call for 95900 and 95090.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 98290 and 97874).
Supports and resistances:
102560 **
101750 *
100940 **
100130
98320 last
97790
97260 **
95900 *
95090 **
Our preference:
as long as 97260 is support look for 100940.
Alternative scenario:
the downside breakout of 97260 would call for 95900 and 95090.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 98290 and 97874).
Supports and resistances:
102560 **
101750 *
100940 **
100130
98320 last
97790
97260 **
95900 *
95090 **
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