Bitcoin Intraday: the downside prevails as long as 84790 is resistance
Apr 3, 2025 4:06 AM
the downside prevails as long as 84790 is resistance.
Our pivot point stands at 84790.
Our preference:
the downside prevails as long as 84790 is resistance.
Alternative scenario:
above 84790, look for 86400 and 87360.
Comment:
the RSI is below 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 84167 and 84784).
Supports and resistances:
87360 **
86400 *
84790 **
84150
83493 last
81560
80600 **
79650 *
78690 **
Our preference:
the downside prevails as long as 84790 is resistance.
Alternative scenario:
above 84790, look for 86400 and 87360.
Comment:
the RSI is below 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 84167 and 84784).
Supports and resistances:
87360 **
86400 *
84790 **
84150
83493 last
81560
80600 **
79650 *
78690 **
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