Bitcoin Intraday: the upside prevails as long as 80830 is support
Mar 14, 2025 7:50 AM
the upside prevails as long as 80830 is support.
Our pivot point stands at 80830.
Our preference:
the upside prevails as long as 80830 is support.
Alternative scenario:
the downside breakout of 80830 would call for 79280 and 78360.
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 trading above both its 20 and 50 period moving average (respectively at 81716 and 81776).
Supports and resistances:
87020 **
86100 *
85170 **
84250
82327 last
81440
80830 **
79280 *
78360 **
Our preference:
the upside prevails as long as 80830 is support.
Alternative scenario:
the downside breakout of 80830 would call for 79280 and 78360.
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 trading above both its 20 and 50 period moving average (respectively at 81716 and 81776).
Supports and resistances:
87020 **
86100 *
85170 **
84250
82327 last
81440
80830 **
79280 *
78360 **
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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