Bitcoin Intraday: the upside prevails as long as 83150 is support
Apr 17, 2025 6:50 AM
the upside prevails as long as 83150 is support.
Our pivot point stands at 83150.
Our preference:
the upside prevails as long as 83150 is support.
Alternative scenario:
the downside breakout of 83150 would call for 81310 and 80210.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 84290 and 84175).
Supports and resistances:
90270 **
89170 *
88070 **
86980
84755 last
83870
83150 **
81310 *
80210 **
Our preference:
the upside prevails as long as 83150 is support.
Alternative scenario:
the downside breakout of 83150 would call for 81310 and 80210.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 84290 and 84175).
Supports and resistances:
90270 **
89170 *
88070 **
86980
84755 last
83870
83150 **
81310 *
80210 **
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