Bitcoin Intraday: the upside prevails as long as 87870 is support
Feb 26, 2025 3:04 AM
the upside prevails as long as 87870 is support.
87870 is our pivot point.
Our preference:
the upside prevails as long as 87870 is support.
Alternative scenario:
below 87870, expect 86620 and 85870.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 88209 and 88927).
Supports and resistances:
92780 **
92030 *
91290 **
90540
89042 last
88370
87870 **
86620 *
85870 **
Our preference:
the upside prevails as long as 87870 is support.
Alternative scenario:
below 87870, expect 86620 and 85870.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 88209 and 88927).
Supports and resistances:
92780 **
92030 *
91290 **
90540
89042 last
88370
87870 **
86620 *
85870 **
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