Bitcoin Intraday: target 89410
Mar 3, 2025 9:41 AM
target 89410.
92990 is our pivot point.
Our preference:
target 89410.
Alternative scenario:
the upside breakout of 92990, would call for 94280 and 95060.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (92578) but above its 50 period moving average (90966).
Supports and resistances:
95060 **
94280 *
92990 **
92480
91830 last
90180
89410 **
88640 *
87870 **
Our preference:
target 89410.
Alternative scenario:
the upside breakout of 92990, would call for 94280 and 95060.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (92578) but above its 50 period moving average (90966).
Supports and resistances:
95060 **
94280 *
92990 **
92480
91830 last
90180
89410 **
88640 *
87870 **
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
115684.000
-443.330
-0.38%
