Bitcoin Intraday: rebound towards 84790
Mar 18, 2025 8:50 PM
rebound towards 84790.
Our pivot point stands at 80680.
Our preference:
rebound towards 84790.
Alternative scenario:
the downside breakout of 80680 would call for 79130 and 78210.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 81959 and 82803).
Supports and resistances:
86630 **
85710 *
84790 **
83860
81947 last
81290
80680 **
79130 *
78210 **
Our preference:
rebound towards 84790.
Alternative scenario:
the downside breakout of 80680 would call for 79130 and 78210.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 81959 and 82803).
Supports and resistances:
86630 **
85710 *
84790 **
83860
81947 last
81290
80680 **
79130 *
78210 **
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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Bitcoin
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