Bitcoin Intraday: the upside prevails as long as 80870 is support
Mar 14, 2025 3:05 AM
the upside prevails as long as 80870 is support.
Our pivot point stands at 80870.
Our preference:
the upside prevails as long as 80870 is support.
Alternative scenario:
below 80870, expect 79320 and 78400.
Comment:
the RSI is above its neutrality area at 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 81048 and 82033).
Supports and resistances:
86820 **
85900 *
84980 **
84050
82090 last
81480
80870 **
79320 *
78400 **
Our preference:
the upside prevails as long as 80870 is support.
Alternative scenario:
below 80870, expect 79320 and 78400.
Comment:
the RSI is above its neutrality area at 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 81048 and 82033).
Supports and resistances:
86820 **
85900 *
84980 **
84050
82090 last
81480
80870 **
79320 *
78400 **
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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