Bitcoin Intraday: as long as 82570 is support look for 86740
Mar 18, 2025 1:05 AM
as long as 82570 is support look for 86740.
Our pivot point stands at 82570.
Our preference:
as long as 82570 is support look for 86740.
Alternative scenario:
the downside breakout of 82570 would call for 80980 and 80040.
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 (84001) but above its 50 period moving average (83588).
Supports and resistances:
88630 **
87680 *
86740 **
85800
83913 last
83190
82570 **
80980 *
80040 **
Our preference:
as long as 82570 is support look for 86740.
Alternative scenario:
the downside breakout of 82570 would call for 80980 and 80040.
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 (84001) but above its 50 period moving average (83588).
Supports and resistances:
88630 **
87680 *
86740 **
85800
83913 last
83190
82570 **
80980 *
80040 **
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