Bitcoin Intraday: the upside prevails as long as 82110 is support
Mar 17, 2025 7:50 AM
the upside prevails as long as 82110 is support.
Our pivot point is at 82110.
Our preference:
the upside prevails as long as 82110 is support.
Alternative scenario:
the downside breakout of 82110 would call for 80540 and 79600.
Comment:
the RSI is above 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 83105 and 83295).
Supports and resistances:
88220 **
87280 *
86340 **
85410
83500 last
82730
82110 **
80540 *
79600 **
Our preference:
the upside prevails as long as 82110 is support.
Alternative scenario:
the downside breakout of 82110 would call for 80540 and 79600.
Comment:
the RSI is above 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 83105 and 83295).
Supports and resistances:
88220 **
87280 *
86340 **
85410
83500 last
82730
82110 **
80540 *
79600 **
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