Bitcoin Intraday: the upside prevails as long as 93380 is support
Apr 29, 2025 12:05 AM
the upside prevails as long as 93380 is support.
Our pivot point is at 93380.
Our preference:
the upside prevails as long as 93380 is support.
Alternative scenario:
below 93380, expect 91310 and 90080.
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 trading above both its 20 and 50 period moving average (respectively at 94390 and 94370).
Supports and resistances:
101180 **
99950 *
98720 **
97490
95023 last
94190
93380 **
91310 *
90080 **
Our preference:
the upside prevails as long as 93380 is support.
Alternative scenario:
below 93380, expect 91310 and 90080.
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 trading above both its 20 and 50 period moving average (respectively at 94390 and 94370).
Supports and resistances:
101180 **
99950 *
98720 **
97490
95023 last
94190
93380 **
91310 *
90080 **
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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