Bitcoin Intraday: as long as 86100 is support look for 90350
Mar 5, 2025 7:50 AM
as long as 86100 is support look for 90350.
Our pivot point is at 86100.
Our preference:
as long as 86100 is support look for 90350.
Alternative scenario:
the downside breakout of 86100 would call for 84500 and 83550.
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 trading above both its 20 and 50 period moving average (respectively at 87256 and 85612).
Supports and resistances:
92250 **
91300 *
90350 **
89400
87428 last
86730
86100 **
84500 *
83550 **
Our preference:
as long as 86100 is support look for 90350.
Alternative scenario:
the downside breakout of 86100 would call for 84500 and 83550.
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 trading above both its 20 and 50 period moving average (respectively at 87256 and 85612).
Supports and resistances:
92250 **
91300 *
90350 **
89400
87428 last
86730
86100 **
84500 *
83550 **
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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