Bitcoin Intraday: as long as 89660 is resistance look for 86350
Feb 26, 2025 5:05 AM
as long as 89660 is resistance look for 86350.
Our pivot point stands at 89660.
Our preference:
as long as 89660 is resistance look for 86350.
Alternative scenario:
the upside breakout of 89660, would call for 90910 and 91650.
Comment:
the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price stands above its 20 period moving average (88576) but below its 50 period moving average (88651).
Supports and resistances:
91650 **
90910 *
89660 **
89160
88580 last
87090
86350 **
85600 *
84860 **
Our preference:
as long as 89660 is resistance look for 86350.
Alternative scenario:
the upside breakout of 89660, would call for 90910 and 91650.
Comment:
the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price stands above its 20 period moving average (88576) but below its 50 period moving average (88651).
Supports and resistances:
91650 **
90910 *
89660 **
89160
88580 last
87090
86350 **
85600 *
84860 **
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