Bitcoin Intraday: as long as 81150 is support look for 85210
Mar 12, 2025 3:06 AM
as long as 81150 is support look for 85210.
Our pivot point is at 81150.
Our preference:
as long as 81150 is support look for 85210.
Alternative scenario:
the downside breakout of 81150 would call for 79590 and 78670.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (82827) but above its 50 period moving average (81583).
Supports and resistances:
87070 **
86140 *
85210 **
84290
82380 last
81760
81150 **
79590 *
78670 **
Our preference:
as long as 81150 is support look for 85210.
Alternative scenario:
the downside breakout of 81150 would call for 79590 and 78670.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (82827) but above its 50 period moving average (81583).
Supports and resistances:
87070 **
86140 *
85210 **
84290
82380 last
81760
81150 **
79590 *
78670 **
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