Bitcoin Intraday: the downside prevails as long as 98720 is resistance
Feb 15, 2025 8:50 PM
the downside prevails as long as 98720 is resistance.
Our pivot point stands at 98720.
Our preference:
the downside prevails as long as 98720 is resistance.
Alternative scenario:
above 98720, look for 100170 and 101030.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 97594 and 97564).
Supports and resistances:
101030 **
100170 *
98720 **
98150
97463 last
95740
94880 **
94020 *
93160 **
Our preference:
the downside prevails as long as 98720 is resistance.
Alternative scenario:
above 98720, look for 100170 and 101030.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 97594 and 97564).
Supports and resistances:
101030 **
100170 *
98720 **
98150
97463 last
95740
94880 **
94020 *
93160 **
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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