Bitcoin Intraday: the downside prevails as long as 90820 is resistance
Mar 6, 2025 2:02 PM
the downside prevails as long as 90820 is resistance.
Our pivot point is at 90820.
Our preference:
the downside prevails as long as 90820 is resistance.
Alternative scenario:
above 90820, look for 92450 and 93430.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 91213 and 90518).
Supports and resistances:
93430 **
92450 *
90820 **
90170
89530 last
87580
86610 **
85630 *
84660 **
Our preference:
the downside prevails as long as 90820 is resistance.
Alternative scenario:
above 90820, look for 92450 and 93430.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 91213 and 90518).
Supports and resistances:
93430 **
92450 *
90820 **
90170
89530 last
87580
86610 **
85630 *
84660 **
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
116209.980
82.650
+0.07%
