Bitcoin Intraday: above its upper Bollinger band
Feb 11, 2025 1:05 AM
the upside prevails as long as 96640 is support.
Our pivot point is at 96640.
Our preference:
the upside prevails as long as 96640 is support.
Alternative scenario:
below 96640, expect 95110 and 94200.
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 97454 and 97274). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (97901).
Supports and resistances:
102520 **
101610 *
100700 **
99790
97972 last
97230
96640 **
95110 *
94200 **
Our preference:
the upside prevails as long as 96640 is support.
Alternative scenario:
below 96640, expect 95110 and 94200.
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 97454 and 97274). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (97901).
Supports and resistances:
102520 **
101610 *
100700 **
99790
97972 last
97230
96640 **
95110 *
94200 **
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