Bitcoin Intraday: the downside prevails as long as 76820 is resistance
Apr 9, 2025 4:08 AM
the downside prevails as long as 76820 is resistance.
Our pivot point stands at 76820.
Our preference:
the downside prevails as long as 76820 is resistance.
Alternative scenario:
above 76820, look for 78310 and 79190.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 76257 and 77936).
Supports and resistances:
79190 **
78310 *
76820 **
76240
75449 last
73240
72370 **
71490 *
70610 **
Our preference:
the downside prevails as long as 76820 is resistance.
Alternative scenario:
above 76820, look for 78310 and 79190.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 76257 and 77936).
Supports and resistances:
79190 **
78310 *
76820 **
76240
75449 last
73240
72370 **
71490 *
70610 **
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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Bitcoin
87728
202.08000000000175
+23.10%
