Bitcoin Intraday: the upside prevails as long as 84610 is support
Mar 24, 2025 1:05 AM
the upside prevails as long as 84610 is support.
84610 is our pivot point.
Our preference:
the upside prevails as long as 84610 is support.
Alternative scenario:
the downside breakout of 84610 would call for 82990 and 82020.
Comment:
the RSI is above its neutrality area at 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 85369 and 84791).
Supports and resistances:
90880 **
89910 *
88940 **
87970
85887 last
85250
84610 **
82990 *
82020 **
Our preference:
the upside prevails as long as 84610 is support.
Alternative scenario:
the downside breakout of 84610 would call for 82990 and 82020.
Comment:
the RSI is above its neutrality area at 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 85369 and 84791).
Supports and resistances:
90880 **
89910 *
88940 **
87970
85887 last
85250
84610 **
82990 *
82020 **
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