Bitcoin Intraday: the downside prevails as long as 94770 is resistance
Apr 28, 2025 2:05 AM
the downside prevails as long as 94770 is resistance.
94770 is our pivot point.
Our preference:
the downside prevails as long as 94770 is resistance.
Alternative scenario:
the upside breakout of 94770, would call for 96790 and 98000.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 93931 and 94014).
Supports and resistances:
98000 **
96790 *
94770 **
93970
93175 last
90560
89360 **
88160 *
86960 **
Our preference:
the downside prevails as long as 94770 is resistance.
Alternative scenario:
the upside breakout of 94770, would call for 96790 and 98000.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 93931 and 94014).
Supports and resistances:
98000 **
96790 *
94770 **
93970
93175 last
90560
89360 **
88160 *
86960 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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