Bitcoin Intraday: the upside prevails as long as 95520 is support
May 2, 2025 4:05 AM
the upside prevails as long as 95520 is support.
Our pivot point stands at 95520.
Our preference:
the upside prevails as long as 95520 is support.
Alternative scenario:
the downside breakout of 95520 would call for 93410 and 92150.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 96787 and 96265).
Supports and resistances:
103500 **
102250 *
100990 **
99730
97183 last
96350
95520 **
93410 *
92150 **
Our preference:
the upside prevails as long as 95520 is support.
Alternative scenario:
the downside breakout of 95520 would call for 93410 and 92150.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 96787 and 96265).
Supports and resistances:
103500 **
102250 *
100990 **
99730
97183 last
96350
95520 **
93410 *
92150 **
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