Bitcoin Intraday: the upside prevails as long as 81390 is support
Apr 4, 2025 2:05 AM
the upside prevails as long as 81390 is support.
Our pivot point is at 81390.
Our preference:
the upside prevails as long as 81390 is support.
Alternative scenario:
below 81390, expect 79800 and 78850.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 82422 and 82784).
Supports and resistances:
87590 **
86640 *
85690 **
84730
82832 last
82020
81390 **
79800 *
78850 **
Our preference:
the upside prevails as long as 81390 is support.
Alternative scenario:
below 81390, expect 79800 and 78850.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 82422 and 82784).
Supports and resistances:
87590 **
86640 *
85690 **
84730
82832 last
82020
81390 **
79800 *
78850 **
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