Bitcoin Intraday: as long as 81970 is support look for 86170
Mar 13, 2025 9:41 AM
as long as 81970 is support look for 86170.
81970 is our pivot point.
Our preference:
as long as 81970 is support look for 86170.
Alternative scenario:
the downside breakout of 81970 would call for 80400 and 79470.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (83417) but above its 50 period moving average (82996).
Supports and resistances:
88050 **
87110 *
86170 **
85240
83346 last
82590
81970 **
80400 *
79470 **
Our preference:
as long as 81970 is support look for 86170.
Alternative scenario:
the downside breakout of 81970 would call for 80400 and 79470.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (83417) but above its 50 period moving average (82996).
Supports and resistances:
88050 **
87110 *
86170 **
85240
83346 last
82590
81970 **
80400 *
79470 **
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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