Bitcoin Intraday: the downside prevails as long as 77440 is resistance
Apr 9, 2025 2:05 AM
the downside prevails as long as 77440 is resistance.
Our pivot point is at 77440.
Our preference:
the downside prevails as long as 77440 is resistance.
Alternative scenario:
above 77440, look for 78930 and 79820.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 76629 and 78335).
Supports and resistances:
79820 **
78930 *
77440 **
76850
76176 last
74250
73360 **
72470 *
71580 **
Our preference:
the downside prevails as long as 77440 is resistance.
Alternative scenario:
above 77440, look for 78930 and 79820.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 76629 and 78335).
Supports and resistances:
79820 **
78930 *
77440 **
76850
76176 last
74250
73360 **
72470 *
71580 **
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