Bitcoin Intraday: as long as 100940 is support look for 105650
May 9, 2025 4:05 AM
as long as 100940 is support look for 105650.
Our pivot point is at 100940.
Our preference:
as long as 100940 is support look for 105650.
Alternative scenario:
below 100940, expect 99110 and 98030.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (102496) but above its 50 period moving average (100849).
Supports and resistances:
107820 **
106730 *
105650 **
104560
102388 last
101660
100940 **
99110 *
98030 **
Our preference:
as long as 100940 is support look for 105650.
Alternative scenario:
below 100940, expect 99110 and 98030.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (102496) but above its 50 period moving average (100849).
Supports and resistances:
107820 **
106730 *
105650 **
104560
102388 last
101660
100940 **
99110 *
98030 **
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