Bitcoin Intraday: rebound towards 84790
Mar 18, 2025 8:50 PM
rebound towards 84790.
Our pivot point stands at 80680.
Our preference:
rebound towards 84790.
Alternative scenario:
the downside breakout of 80680 would call for 79130 and 78210.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 81959 and 82803).
Supports and resistances:
86630 **
85710 *
84790 **
83860
81947 last
81290
80680 **
79130 *
78210 **
Our preference:
rebound towards 84790.
Alternative scenario:
the downside breakout of 80680 would call for 79130 and 78210.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 81959 and 82803).
Supports and resistances:
86630 **
85710 *
84790 **
83860
81947 last
81290
80680 **
79130 *
78210 **
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