Bitcoin Intraday: rebound
Apr 11, 2025 2:05 AM
rebound.
Our pivot point is at 78980.
Our preference:
rebound.
Alternative scenario:
below 78980, expect 77400 and 76460.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (79588) but below its 50 period moving average (80752).
Supports and resistances:
85100 **
84160 *
83220 **
82280
80226 last
79590
78980 **
77400 *
76460 **
Our preference:
rebound.
Alternative scenario:
below 78980, expect 77400 and 76460.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (79588) but below its 50 period moving average (80752).
Supports and resistances:
85100 **
84160 *
83220 **
82280
80226 last
79590
78980 **
77400 *
76460 **
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