Bitcoin Intraday: the upside prevails as long as 81790 is support
Apr 4, 2025 6:50 AM
the upside prevails as long as 81790 is support.
Our pivot point is at 81790.
Our preference:
the upside prevails as long as 81790 is support.
Alternative scenario:
the downside breakout of 81790 would call for 80180 and 79230.
Comment:
the RSI is above 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 82903 and 82681).
Supports and resistances:
88000 **
87040 *
86090 **
85130
83070 last
82420
81790 **
80180 *
79230 **
Our preference:
the upside prevails as long as 81790 is support.
Alternative scenario:
the downside breakout of 81790 would call for 80180 and 79230.
Comment:
the RSI is above 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 82903 and 82681).
Supports and resistances:
88000 **
87040 *
86090 **
85130
83070 last
82420
81790 **
80180 *
79230 **
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