Bitcoin Intraday: the upside prevails as long as 81420 is support
Mar 11, 2025 8:50 PM
the upside prevails as long as 81420 is support.
Our pivot point is at 81420.
Our preference:
the upside prevails as long as 81420 is support.
Alternative scenario:
below 81420, expect 79860 and 78930.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 81659 and 80525).
Supports and resistances:
87720 **
86780 *
85850 **
84920
83050 last
82030
81420 **
79860 *
78930 **
Our preference:
the upside prevails as long as 81420 is support.
Alternative scenario:
below 81420, expect 79860 and 78930.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 81659 and 80525).
Supports and resistances:
87720 **
86780 *
85850 **
84920
83050 last
82030
81420 **
79860 *
78930 **
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