Bitcoin Intraday: as long as 85990 is support look for 90420
Mar 27, 2025 7:50 AM
as long as 85990 is support look for 90420.
Our pivot point is at 85990.
Our preference:
as long as 85990 is support look for 90420.
Alternative scenario:
the downside breakout of 85990 would call for 84310 and 83310.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 87308 and 87295).
Supports and resistances:
92420 **
91420 *
90420 **
89420
87313 last
86650
85990 **
84310 *
83310 **
Our preference:
as long as 85990 is support look for 90420.
Alternative scenario:
the downside breakout of 85990 would call for 84310 and 83310.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 87308 and 87295).
Supports and resistances:
92420 **
91420 *
90420 **
89420
87313 last
86650
85990 **
84310 *
83310 **
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