Bitcoin Intraday: the upside prevails as long as 95830 is support
Feb 14, 2025 7:50 AM
the upside prevails as long as 95830 is support.
Our pivot point is at 95830.
Our preference:
the upside prevails as long as 95830 is support.
Alternative scenario:
the downside breakout of 95830 would call for 94390 and 93540.
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 96718 and 96273).
Supports and resistances:
101310 **
100450 *
99600 **
98740
97018 last
96390
95830 **
94390 *
93540 **
Our preference:
the upside prevails as long as 95830 is support.
Alternative scenario:
the downside breakout of 95830 would call for 94390 and 93540.
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 96718 and 96273).
Supports and resistances:
101310 **
100450 *
99600 **
98740
97018 last
96390
95830 **
94390 *
93540 **
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