Bitcoin Intraday: 87,558 in sight
Bitcoin (BTC/USD)
-648.40-0.75%
The upside prevails as long as 84,891 is support, with 87,558 and 88,248 as targets
Our pivot point is at 84,891.
Our preference: The upside prevails as long as 84,891 is support, with 87,558 and 88,248 as targets
Alternative scenario: below 84,891, expect 83,737 and 83,050.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 85,621 and 85,750).
Supports and resistances:
88,938 *
88,248 **
87,558
85,850 last
84,891 **
83,737 *
83,050 **
Our preference: The upside prevails as long as 84,891 is support, with 87,558 and 88,248 as targets
Alternative scenario: below 84,891, expect 83,737 and 83,050.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 85,621 and 85,750).
Supports and resistances:
88,938 *
88,248 **
87,558
85,850 last
84,891 **
83,737 *
83,050 **
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.
