Bitcoin Intraday: as long as 94870 is support look for 100510
May 2, 2025 8:40 AM
as long as 94870 is support look for 100510.
Our pivot point is at 94870.
Our preference:
as long as 94870 is support look for 100510.
Alternative scenario:
the downside breakout of 94870 would call for 92770 and 91520.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (96841) but above its 50 period moving average (96586).
Supports and resistances:
103010 **
101760 *
100510 **
99250
96749 last
95700
94870 **
92770 *
91520 **
Our preference:
as long as 94870 is support look for 100510.
Alternative scenario:
the downside breakout of 94870 would call for 92770 and 91520.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (96841) but above its 50 period moving average (96586).
Supports and resistances:
103010 **
101760 *
100510 **
99250
96749 last
95700
94870 **
92770 *
91520 **
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