Bitcoin Intraday: as long as 86050 is support look for 90480
Mar 5, 2025 3:05 AM
as long as 86050 is support look for 90480.
Our pivot point stands at 86050.
Our preference:
as long as 86050 is support look for 90480.
Alternative scenario:
the downside breakout of 86050 would call for 84450 and 83500.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 87278 and 85027).
Supports and resistances:
92390 **
91440 *
90480 **
89530
87523 last
86670
86050 **
84450 *
83500 **
Our preference:
as long as 86050 is support look for 90480.
Alternative scenario:
the downside breakout of 86050 would call for 84450 and 83500.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 87278 and 85027).
Supports and resistances:
92390 **
91440 *
90480 **
89530
87523 last
86670
86050 **
84450 *
83500 **
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