Bitcoin Intraday: the upside prevails as long as 97190 is support
Feb 11, 2025 7:50 AM
the upside prevails as long as 97190 is support.
97190 is our pivot point.
Our preference:
the upside prevails as long as 97190 is support.
Alternative scenario:
below 97190, expect 95660 and 94750.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 97901 and 97665).
Supports and resistances:
102990 **
102080 *
101160 **
100250
98405 last
97800
97190 **
95660 *
94750 **
Our preference:
the upside prevails as long as 97190 is support.
Alternative scenario:
below 97190, expect 95660 and 94750.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 97901 and 97665).
Supports and resistances:
102990 **
102080 *
101160 **
100250
98405 last
97800
97190 **
95660 *
94750 **
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.
Related Instruments
Bitcoin
115875.880
-251.450
-0.22%
