Bitcoin Intraday: the upside prevails as long as 83060 is support
Mar 22, 2025 7:50 AM
the upside prevails as long as 83060 is support.
Our pivot point stands at 83060.
Our preference:
the upside prevails as long as 83060 is support.
Alternative scenario:
the downside breakout of 83060 would call for 81460 and 80510.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 84214 and 84076).
Supports and resistances:
89060 **
88110 *
87160 **
86210
84311 last
83680
83060 **
81460 *
80510 **
Our preference:
the upside prevails as long as 83060 is support.
Alternative scenario:
the downside breakout of 83060 would call for 81460 and 80510.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 84214 and 84076).
Supports and resistances:
89060 **
88110 *
87160 **
86210
84311 last
83680
83060 **
81460 *
80510 **
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