Bitcoin Intraday: the upside prevails as long as 93290 is support
Apr 29, 2025 8:43 AM
the upside prevails as long as 93290 is support.
Our pivot point is at 93290.
Our preference:
the upside prevails as long as 93290 is support.
Alternative scenario:
below 93290, expect 91220 and 90000.
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 trading above both its 20 and 50 period moving average (respectively at 94815 and 94661).
Supports and resistances:
101130 **
99900 *
98670 **
97440
94910 last
94100
93290 **
91220 *
90000 **
Our preference:
the upside prevails as long as 93290 is support.
Alternative scenario:
below 93290, expect 91220 and 90000.
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 trading above both its 20 and 50 period moving average (respectively at 94815 and 94661).
Supports and resistances:
101130 **
99900 *
98670 **
97440
94910 last
94100
93290 **
91220 *
90000 **
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