Bitcoin Intraday: as long as 83220 is support look for 87660
Apr 14, 2025 8:42 AM
as long as 83220 is support look for 87660.
Our pivot point is at 83220.
Our preference:
as long as 83220 is support look for 87660.
Alternative scenario:
the downside breakout of 83220 would call for 81560 and 80570.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 84517 and 84326).
Supports and resistances:
89640 **
88650 *
87660 **
86670
84645 last
83880
83220 **
81560 *
80570 **
Our preference:
as long as 83220 is support look for 87660.
Alternative scenario:
the downside breakout of 83220 would call for 81560 and 80570.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 84517 and 84326).
Supports and resistances:
89640 **
88650 *
87660 **
86670
84645 last
83880
83220 **
81560 *
80570 **
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