Bitcoin Intraday: the upside prevails as long as 95870 is support
Feb 14, 2025 9:40 AM
the upside prevails as long as 95870 is support.
95870 is our pivot point.
Our preference:
the upside prevails as long as 95870 is support.
Alternative scenario:
the downside breakout of 95870 would call for 94430 and 93580.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 96824 and 96352).
Supports and resistances:
101370 **
100520 *
99660 **
98800
97088 last
96440
95870 **
94430 *
93580 **
Our preference:
the upside prevails as long as 95870 is support.
Alternative scenario:
the downside breakout of 95870 would call for 94430 and 93580.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 96824 and 96352).
Supports and resistances:
101370 **
100520 *
99660 **
98800
97088 last
96440
95870 **
94430 *
93580 **
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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