Bitcoin Intraday: the upside prevails as long as 81410 is support
Mar 12, 2025 2:02 PM
the upside prevails as long as 81410 is support.
Our pivot point is at 81410.
Our preference:
the upside prevails as long as 81410 is support.
Alternative scenario:
the downside breakout of 81410 would call for 79850 and 78920.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 82465 and 82320).
Supports and resistances:
87310 **
86380 *
85450 **
84520
82636 last
82020
81410 **
79850 *
78920 **
Our preference:
the upside prevails as long as 81410 is support.
Alternative scenario:
the downside breakout of 81410 would call for 79850 and 78920.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 82465 and 82320).
Supports and resistances:
87310 **
86380 *
85450 **
84520
82636 last
82020
81410 **
79850 *
78920 **
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
116626.180
2260.190
+1.98%
