Bitcoin Intraday: the upside prevails as long as 82530 is support
Mar 13, 2025 3:05 AM
the upside prevails as long as 82530 is support.
Our pivot point is at 82530.
Our preference:
the upside prevails as long as 82530 is support.
Alternative scenario:
the downside breakout of 82530 would call for 80950 and 80010.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 83282 and 82692).
Supports and resistances:
88570 **
87630 *
86690 **
85750
83863 last
83150
82530 **
80950 *
80010 **
Our preference:
the upside prevails as long as 82530 is support.
Alternative scenario:
the downside breakout of 82530 would call for 80950 and 80010.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 83282 and 82692).
Supports and resistances:
88570 **
87630 *
86690 **
85750
83863 last
83150
82530 **
80950 *
80010 **
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