Bitcoin Intraday: target 80980
Mar 15, 2025 7:50 AM
target 80980.
Our pivot point is at 85340.
Our preference:
target 80980.
Alternative scenario:
the upside breakout of 85340, would call for 86920 and 87870.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (84328) but above its 50 period moving average (83928).
Supports and resistances:
87870 **
86920 *
85340 **
84710
84090 last
81920
80980 **
80040 *
79100 **
Our preference:
target 80980.
Alternative scenario:
the upside breakout of 85340, would call for 86920 and 87870.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (84328) but above its 50 period moving average (83928).
Supports and resistances:
87870 **
86920 *
85340 **
84710
84090 last
81920
80980 **
80040 *
79100 **
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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