Bitcoin Intraday: as long as 78080 is support look for 82240
Apr 8, 2025 6:50 AM
as long as 78080 is support look for 82240.
Our pivot point is at 78080.
Our preference:
as long as 78080 is support look for 82240.
Alternative scenario:
the downside breakout of 78080 would call for 76550 and 75640.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (79720) but above its 50 period moving average (78308).
Supports and resistances:
84070 **
83150 *
82240 **
81330
79381 last
78680
78080 **
76550 *
75640 **
Our preference:
as long as 78080 is support look for 82240.
Alternative scenario:
the downside breakout of 78080 would call for 76550 and 75640.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (79720) but above its 50 period moving average (78308).
Supports and resistances:
84070 **
83150 *
82240 **
81330
79381 last
78680
78080 **
76550 *
75640 **
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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