Bitcoin Intraday: as long as 84530 is support look for 88790
Mar 20, 2025 7:50 AM
as long as 84530 is support look for 88790.
Our pivot point stands at 84530.
Our preference:
as long as 84530 is support look for 88790.
Alternative scenario:
the downside breakout of 84530 would call for 82910 and 81940.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (86033) but above its 50 period moving average (84984).
Supports and resistances:
90730 **
89760 *
88790 **
87830
85851 last
85170
84530 **
82910 *
81940 **
Our preference:
as long as 84530 is support look for 88790.
Alternative scenario:
the downside breakout of 84530 would call for 82910 and 81940.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (86033) but above its 50 period moving average (84984).
Supports and resistances:
90730 **
89760 *
88790 **
87830
85851 last
85170
84530 **
82910 *
81940 **
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.
Related Instruments
Bitcoin
115070.000
704.010
+0.62%
