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Bitcoin Intraday: the downside prevails as long as 71170 is resistance
Mar 10, 2026 11:28 PM
the downside prevails as long as 71170 is resistance.
71170 is our pivot point.
Our preference:
the downside prevails as long as 71170 is resistance.
Alternative scenario:
above 71170, look for 72830 and 73810.
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 70416 and 70174).
Supports and resistances:
73810 **
72830 *
71170 **
69799 last
67740
66760 **
65780 *
Our preference:
the downside prevails as long as 71170 is resistance.
Alternative scenario:
above 71170, look for 72830 and 73810.
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 70416 and 70174).
Supports and resistances:
73810 **
72830 *
71170 **
69799 last
67740
66760 **
65780 *
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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