Bitcoin Intraday: target 78800
Apr 10, 2025 1:02 PM
target 78800.
82930 is our pivot point.
Our preference:
target 78800.
Alternative scenario:
the upside breakout of 82930, would call for 84530 and 85490.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (81818) but above its 50 period moving average (81260).
Supports and resistances:
85490 **
84530 *
82930 **
82300
81666 last
79760
78800 **
77850 *
76890 **
Our preference:
target 78800.
Alternative scenario:
the upside breakout of 82930, would call for 84530 and 85490.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (81818) but above its 50 period moving average (81260).
Supports and resistances:
85490 **
84530 *
82930 **
82300
81666 last
79760
78800 **
77850 *
76890 **
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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