Bitcoin Intraday: the upside prevails as long as 83110 is support
Apr 17, 2025 7:51 PM
the upside prevails as long as 83110 is support.
Our pivot point is at 83110.
Our preference:
the upside prevails as long as 83110 is support.
Alternative scenario:
below 83110, expect 81270 and 80170.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 84650 and 84468).
Supports and resistances:
90280 **
89190 *
88090 **
86990
84711 last
83830
83110 **
81270 *
80170 **
Our preference:
the upside prevails as long as 83110 is support.
Alternative scenario:
below 83110, expect 81270 and 80170.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 84650 and 84468).
Supports and resistances:
90280 **
89190 *
88090 **
86990
84711 last
83830
83110 **
81270 *
80170 **
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