Bitcoin Intraday: as long as 81500 is support look for 85690
Mar 12, 2025 1:05 AM
as long as 81500 is support look for 85690.
Our pivot point is at 81500.
Our preference:
as long as 81500 is support look for 85690.
Alternative scenario:
below 81500, expect 79940 and 79010.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 82518 and 81232).
Supports and resistances:
87550 **
86620 *
85690 **
84760
82867 last
82120
81500 **
79940 *
79010 **
Our preference:
as long as 81500 is support look for 85690.
Alternative scenario:
below 81500, expect 79940 and 79010.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 82518 and 81232).
Supports and resistances:
87550 **
86620 *
85690 **
84760
82867 last
82120
81500 **
79940 *
79010 **
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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