Bitcoin Intraday: as long as 91780 is support look for 95240
Mar 3, 2025 5:05 AM
as long as 91780 is support look for 95240.
Our pivot point stands at 91780.
Our preference:
as long as 91780 is support look for 95240.
Alternative scenario:
the downside breakout of 91780 would call for 90470 and 89690.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (93507) but above its 50 period moving average (89864).
Supports and resistances:
96800 **
96020 *
95240 **
94460
92896 last
92290
91780 **
90470 *
89690 **
Our preference:
as long as 91780 is support look for 95240.
Alternative scenario:
the downside breakout of 91780 would call for 90470 and 89690.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (93507) but above its 50 period moving average (89864).
Supports and resistances:
96800 **
96020 *
95240 **
94460
92896 last
92290
91780 **
90470 *
89690 **
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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