Bitcoin Intraday: the downside prevails as long as 88650 is resistance
Mar 26, 2025 5:05 AM
the downside prevails as long as 88650 is resistance.
88650 is our pivot point.
Our preference:
the downside prevails as long as 88650 is resistance.
Alternative scenario:
the upside breakout of 88650, would call for 90330 and 91330.
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 87602 and 87425).
Supports and resistances:
91330 **
90330 *
88650 **
87990
87329 last
85330
84330 **
83330 *
82330 **
Our preference:
the downside prevails as long as 88650 is resistance.
Alternative scenario:
the upside breakout of 88650, would call for 90330 and 91330.
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 87602 and 87425).
Supports and resistances:
91330 **
90330 *
88650 **
87990
87329 last
85330
84330 **
83330 *
82330 **
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