Bitcoin Intraday: above its upper Bollinger band
Mar 6, 2025 3:05 AM
the upside prevails as long as 90440 is support.
Our pivot point stands at 90440.
Our preference:
the upside prevails as long as 90440 is support.
Alternative scenario:
below 90440, expect 88770 and 87770.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 90389 and 89203). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (91720).
Supports and resistances:
96850 **
95850 *
94850 **
93850
91825 last
91100
90440 **
88770 *
87770 **
Our preference:
the upside prevails as long as 90440 is support.
Alternative scenario:
below 90440, expect 88770 and 87770.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 90389 and 89203). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (91720).
Supports and resistances:
96850 **
95850 *
94850 **
93850
91825 last
91100
90440 **
88770 *
87770 **
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