Bitcoin Intraday: as long as 97080 is support look for 100580
Feb 21, 2025 3:05 AM
as long as 97080 is support look for 100580.
Our pivot point stands at 97080.
Our preference:
as long as 97080 is support look for 100580.
Alternative scenario:
the downside breakout of 97080 would call for 95730 and 94920.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (98288) but above its 50 period moving average (97646).
Supports and resistances:
102190 **
101390 *
100580 **
99780
98165 last
97610
97080 **
95730 *
94920 **
Our preference:
as long as 97080 is support look for 100580.
Alternative scenario:
the downside breakout of 97080 would call for 95730 and 94920.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (98288) but above its 50 period moving average (97646).
Supports and resistances:
102190 **
101390 *
100580 **
99780
98165 last
97610
97080 **
95730 *
94920 **
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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