Bitcoin Intraday: as long as 82250 is support look for 86630
Apr 12, 2025 6:50 AM
as long as 82250 is support look for 86630.
Our pivot point is at 82250.
Our preference:
as long as 82250 is support look for 86630.
Alternative scenario:
the downside breakout of 82250 would call for 80610 and 79630.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 83306 and 82779).
Supports and resistances:
88590 **
87610 *
86630 **
85660
83627 last
82890
82250 **
80610 *
79630 **
Our preference:
as long as 82250 is support look for 86630.
Alternative scenario:
the downside breakout of 82250 would call for 80610 and 79630.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 83306 and 82779).
Supports and resistances:
88590 **
87610 *
86630 **
85660
83627 last
82890
82250 **
80610 *
79630 **
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