Bitcoin Intraday: the downside prevails as long as 84610 is resistance
Mar 18, 2025 3:05 AM
the downside prevails as long as 84610 is resistance.
Our pivot point stands at 84610.
Our preference:
the downside prevails as long as 84610 is resistance.
Alternative scenario:
above 84610, look for 86180 and 87120.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 83912 and 83590).
Supports and resistances:
87120 **
86180 *
84610 **
83990
83204 last
81330
80400 **
79460 *
78530 **
Our preference:
the downside prevails as long as 84610 is resistance.
Alternative scenario:
above 84610, look for 86180 and 87120.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 83912 and 83590).
Supports and resistances:
87120 **
86180 *
84610 **
83990
83204 last
81330
80400 **
79460 *
78530 **
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