Bitcoin Intraday: the upside prevails as long as 93150 is support
Apr 28, 2025 8:41 AM
the upside prevails as long as 93150 is support.
93150 is our pivot point.
Our preference:
the upside prevails as long as 93150 is support.
Alternative scenario:
the downside breakout of 93150 would call for 91090 and 89860.
Comment:
the RSI is above its neutrality area at 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 94002 and 94061).
Supports and resistances:
100930 **
99700 *
98470 **
97250
94770 last
93960
93150 **
91090 *
89860 **
Our preference:
the upside prevails as long as 93150 is support.
Alternative scenario:
the downside breakout of 93150 would call for 91090 and 89860.
Comment:
the RSI is above its neutrality area at 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 94002 and 94061).
Supports and resistances:
100930 **
99700 *
98470 **
97250
94770 last
93960
93150 **
91090 *
89860 **
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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