Bitcoin Intraday: the upside prevails as long as 96820 is support
Feb 11, 2025 5:05 AM
the upside prevails as long as 96820 is support.
Our pivot point stands at 96820.
Our preference:
the upside prevails as long as 96820 is support.
Alternative scenario:
below 96820, expect 95290 and 94380.
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 above its 20 and 50 period moving average (respectively at 97636 and 97526).
Supports and resistances:
102640 **
101730 *
100820 **
99910
98088 last
97420
96820 **
95290 *
94380 **
Our preference:
the upside prevails as long as 96820 is support.
Alternative scenario:
below 96820, expect 95290 and 94380.
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 above its 20 and 50 period moving average (respectively at 97636 and 97526).
Supports and resistances:
102640 **
101730 *
100820 **
99910
98088 last
97420
96820 **
95290 *
94380 **
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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