Bitcoin Intraday: as long as 88010 is support look for 91240
Bitcoin (BTC/USD)
+917.82+1.03%
as long as 88010 is support look for 91240.
88010 is our pivot point.
Our preference: as long as 88010 is support look for 91240.
Alternative scenario: the downside breakout of 88010 would call for 86920 and 86280.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 89045 and 88551).
Supports and resistances:
92540 **
91890 *
91240 **
90590
89230 last
88440
88010 **
86920 *
86280 **
Our preference: as long as 88010 is support look for 91240.
Alternative scenario: the downside breakout of 88010 would call for 86920 and 86280.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 89045 and 88551).
Supports and resistances:
92540 **
91890 *
91240 **
90590
89230 last
88440
88010 **
86920 *
86280 **
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.
