Bitcoin Intraday: the upside prevails as long as 82050 is support
Mar 14, 2025 2:02 PM
the upside prevails as long as 82050 is support.
Our pivot point stands at 82050.
Our preference:
the upside prevails as long as 82050 is support.
Alternative scenario:
the downside breakout of 82050 would call for 80480 and 79550.
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 82720 and 81789).
Supports and resistances:
88310 **
87370 *
86430 **
85490
83351 last
82670
82050 **
80480 *
79550 **
Our preference:
the upside prevails as long as 82050 is support.
Alternative scenario:
the downside breakout of 82050 would call for 80480 and 79550.
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 82720 and 81789).
Supports and resistances:
88310 **
87370 *
86430 **
85490
83351 last
82670
82050 **
80480 *
79550 **
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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