Bitcoin Intraday: the upside prevails as long as 92780 is support
Apr 28, 2025 6:50 AM
the upside prevails as long as 92780 is support.
Our pivot point stands at 92780.
Our preference:
the upside prevails as long as 92780 is support.
Alternative scenario:
the downside breakout of 92780 would call for 90730 and 89500.
Comment:
the RSI is above its neutrality area at 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 93884 and 94008).
Supports and resistances:
100680 **
99460 *
98230 **
97010
94546 last
93580
92780 **
90730 *
89500 **
Our preference:
the upside prevails as long as 92780 is support.
Alternative scenario:
the downside breakout of 92780 would call for 90730 and 89500.
Comment:
the RSI is above its neutrality area at 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 93884 and 94008).
Supports and resistances:
100680 **
99460 *
98230 **
97010
94546 last
93580
92780 **
90730 *
89500 **
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