Bitcoin Intraday: the upside prevails as long as 79100 is support
Mar 11, 2025 7:50 AM
the upside prevails as long as 79100 is support.
79100 is our pivot point.
Our preference:
the upside prevails as long as 79100 is support.
Alternative scenario:
below 79100, expect 77630 and 76760.
Comment:
the RSI is above 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 79347 and 80154).
Supports and resistances:
84820 **
83940 *
83070 **
82190
80329 last
79670
79100 **
77630 *
76760 **
Our preference:
the upside prevails as long as 79100 is support.
Alternative scenario:
below 79100, expect 77630 and 76760.
Comment:
the RSI is above 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 79347 and 80154).
Supports and resistances:
84820 **
83940 *
83070 **
82190
80329 last
79670
79100 **
77630 *
76760 **
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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