Bitcoin Intraday: the upside prevails as long as 82370 is support
Apr 11, 2025 7:51 PM
the upside prevails as long as 82370 is support.
82370 is our pivot point.
Our preference:
the upside prevails as long as 82370 is support.
Alternative scenario:
below 82370, expect 80730 and 79750.
Comment:
the RSI is above its neutrality area at 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 82688 and 81304).
Supports and resistances:
88740 **
87760 *
86780 **
85800
83828 last
83020
82370 **
80730 *
79750 **
Our preference:
the upside prevails as long as 82370 is support.
Alternative scenario:
below 82370, expect 80730 and 79750.
Comment:
the RSI is above its neutrality area at 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 82688 and 81304).
Supports and resistances:
88740 **
87760 *
86780 **
85800
83828 last
83020
82370 **
80730 *
79750 **
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