Bitcoin Intraday: the upside prevails as long as 84150 is support
Apr 15, 2025 6:50 AM
the upside prevails as long as 84150 is support.
Our pivot point stands at 84150.
Our preference:
the upside prevails as long as 84150 is support.
Alternative scenario:
the downside breakout of 84150 would call for 82470 and 81480.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 85020 and 84828).
Supports and resistances:
90600 **
89600 *
88600 **
87600
85473 last
84810
84150 **
82470 *
81480 **
Our preference:
the upside prevails as long as 84150 is support.
Alternative scenario:
the downside breakout of 84150 would call for 82470 and 81480.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 85020 and 84828).
Supports and resistances:
90600 **
89600 *
88600 **
87600
85473 last
84810
84150 **
82470 *
81480 **
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