Bitcoin Intraday: the upside prevails as long as 83320 is support
Apr 17, 2025 1:02 PM
the upside prevails as long as 83320 is support.
Our pivot point is at 83320.
Our preference:
the upside prevails as long as 83320 is support.
Alternative scenario:
the downside breakout of 83320 would call for 81480 and 80380.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 84485 and 84393).
Supports and resistances:
90260 **
89160 *
88060 **
86970
84771 last
84050
83320 **
81480 *
80380 **
Our preference:
the upside prevails as long as 83320 is support.
Alternative scenario:
the downside breakout of 83320 would call for 81480 and 80380.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 84485 and 84393).
Supports and resistances:
90260 **
89160 *
88060 **
86970
84771 last
84050
83320 **
81480 *
80380 **
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