Bitcoin Intraday: as long as 95150 is support look for 99640
May 7, 2025 6:50 AM
as long as 95150 is support look for 99640.
95150 is our pivot point.
Our preference:
as long as 95150 is support look for 99640.
Alternative scenario:
the downside breakout of 95150 would call for 93430 and 92410.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 96453 and 95180).
Supports and resistances:
101690 **
100660 *
99640 **
98610
96501 last
95830
95150 **
93430 *
92410 **
Our preference:
as long as 95150 is support look for 99640.
Alternative scenario:
the downside breakout of 95150 would call for 93430 and 92410.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 96453 and 95180).
Supports and resistances:
101690 **
100660 *
99640 **
98610
96501 last
95830
95150 **
93430 *
92410 **
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