Bitcoin Intraday: the upside prevails as long as 82300 is support
Mar 17, 2025 5:06 AM
the upside prevails as long as 82300 is support.
Our pivot point is at 82300.
Our preference:
the upside prevails as long as 82300 is support.
Alternative scenario:
below 82300, expect 80720 and 79780.
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 83064 and 83413).
Supports and resistances:
88260 **
87320 *
86380 **
85440
83538 last
82920
82300 **
80720 *
79780 **
Our preference:
the upside prevails as long as 82300 is support.
Alternative scenario:
below 82300, expect 80720 and 79780.
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 83064 and 83413).
Supports and resistances:
88260 **
87320 *
86380 **
85440
83538 last
82920
82300 **
80720 *
79780 **
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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