Bitcoin Intraday: target 94790
Feb 15, 2025 7:50 AM
target 94790.
Our pivot point is at 98600.
Our preference:
target 94790.
Alternative scenario:
the upside breakout of 98600, would call for 100040 and 100900.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (97557) but above its 50 period moving average (97359).
Supports and resistances:
100900 **
100040 *
98600 **
98030
97415 last
95650
94790 **
93930 *
93070 **
Our preference:
target 94790.
Alternative scenario:
the upside breakout of 98600, would call for 100040 and 100900.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (97557) but above its 50 period moving average (97359).
Supports and resistances:
100900 **
100040 *
98600 **
98030
97415 last
95650
94790 **
93930 *
93070 **
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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