Bitcoin Intraday: rebound towards 94220
Feb 25, 2025 5:05 AM
rebound towards 94220.
90730 is our pivot point.
Our preference:
rebound towards 94220.
Alternative scenario:
the downside breakout of 90730 would call for 89460 and 88710.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 92566 and 94204).
Supports and resistances:
95730 **
94980 *
94220 **
93470
91777 last
91220
90730 **
89460 *
88710 **
Our preference:
rebound towards 94220.
Alternative scenario:
the downside breakout of 90730 would call for 89460 and 88710.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 92566 and 94204).
Supports and resistances:
95730 **
94980 *
94220 **
93470
91777 last
91220
90730 **
89460 *
88710 **
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.
Related Instruments
Bitcoin
115944.110
-183.220
-0.16%
