Bitcoin Intraday: the downside prevails as long as 88690 is resistance
Mar 26, 2025 3:05 AM
the downside prevails as long as 88690 is resistance.
Our pivot point is at 88690.
Our preference:
the downside prevails as long as 88690 is resistance.
Alternative scenario:
the upside breakout of 88690, would call for 90370 and 91370.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 87732 and 87379).
Supports and resistances:
91370 **
90370 *
88690 **
88030
87372 last
85350
84350 **
83350 *
82350 **
Our preference:
the downside prevails as long as 88690 is resistance.
Alternative scenario:
the upside breakout of 88690, would call for 90370 and 91370.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 87732 and 87379).
Supports and resistances:
91370 **
90370 *
88690 **
88030
87372 last
85350
84350 **
83350 *
82350 **
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
87791.31
265.3899999999994
+30.30%
