Bitcoin Intraday: as long as 88770 is support look for 93070
Mar 6, 2025 1:05 AM
as long as 88770 is support look for 93070.
Our pivot point is at 88770.
Our preference:
as long as 88770 is support look for 93070.
Alternative scenario:
below 88770, expect 87120 and 86140.
Comment:
the RSI is above 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 89839 and 88858).
Supports and resistances:
95030 **
94050 *
93070 **
92090
90130 last
89410
88770 **
87120 *
86140 **
Our preference:
as long as 88770 is support look for 93070.
Alternative scenario:
below 88770, expect 87120 and 86140.
Comment:
the RSI is above 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 89839 and 88858).
Supports and resistances:
95030 **
94050 *
93070 **
92090
90130 last
89410
88770 **
87120 *
86140 **
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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