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Bitcoin Intraday: the downside prevails as long as 71100 is resistance
Mar 11, 2026 7:42 AM
the downside prevails as long as 71100 is resistance.
71100 is our pivot point.
Our preference:
the downside prevails as long as 71100 is resistance.
Alternative scenario:
above 71100, look for 72750 and 73730.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 69845 and 70305).
Supports and resistances:
73730 **
72750 *
71100 **
69527 last
67570
66590 **
65610 *
Our preference:
the downside prevails as long as 71100 is resistance.
Alternative scenario:
above 71100, look for 72750 and 73730.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 69845 and 70305).
Supports and resistances:
73730 **
72750 *
71100 **
69527 last
67570
66590 **
65610 *
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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