Bitcoin Intraday: the downside prevails as long as 80820 is resistance
Apr 10, 2025 7:50 PM
the downside prevails as long as 80820 is resistance.
Our pivot point stands at 80820.
Our preference:
the downside prevails as long as 80820 is resistance.
Alternative scenario:
above 80820, look for 82390 and 83320.
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 stands below its 20 and 50 period moving average (respectively at 80447 and 81535).
Supports and resistances:
83320 **
82390 *
80820 **
80210
79362 last
77450
76520 **
75590 *
74660 **
Our preference:
the downside prevails as long as 80820 is resistance.
Alternative scenario:
above 80820, look for 82390 and 83320.
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 stands below its 20 and 50 period moving average (respectively at 80447 and 81535).
Supports and resistances:
83320 **
82390 *
80820 **
80210
79362 last
77450
76520 **
75590 *
74660 **
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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