Bitcoin Intraday: the downside prevails as long as 95420 is resistance
Apr 28, 2025 12:05 AM
the downside prevails as long as 95420 is resistance.
Our pivot point is at 95420.
Our preference:
the downside prevails as long as 95420 is resistance.
Alternative scenario:
above 95420, look for 97460 and 98680.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 94093 and 94150).
Supports and resistances:
98680 **
97460 *
95420 **
94620
93739 last
91310
90100 **
88890 *
87670 **
Our preference:
the downside prevails as long as 95420 is resistance.
Alternative scenario:
above 95420, look for 97460 and 98680.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 94093 and 94150).
Supports and resistances:
98680 **
97460 *
95420 **
94620
93739 last
91310
90100 **
88890 *
87670 **
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