Bitcoin Intraday: rebound
Mar 11, 2025 3:05 AM
rebound.
Our pivot point is at 78200.
Our preference:
rebound.
Alternative scenario:
below 78200, expect 76750 and 75890.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (78770) but below its 50 period moving average (80546).
Supports and resistances:
83790 **
82930 *
82060 **
81200
79471 last
78770
78200 **
76750 *
75890 **
Our preference:
rebound.
Alternative scenario:
below 78200, expect 76750 and 75890.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (78770) but below its 50 period moving average (80546).
Supports and resistances:
83790 **
82930 *
82060 **
81200
79471 last
78770
78200 **
76750 *
75890 **
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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Bitcoin
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