Bitcoin Intraday: the upside prevails as long as 104910 is support
May 19, 2025 12:05 AM
the upside prevails as long as 104910 is support.
Our pivot point stands at 104910.
Our preference:
the upside prevails as long as 104910 is support.
Alternative scenario:
below 104910, expect 103010 and 101890.
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 105105 and 104242).
Supports and resistances:
112310 **
111170 *
110040 **
108910
106420 last
105660
104910 **
103010 *
101890 **
Our preference:
the upside prevails as long as 104910 is support.
Alternative scenario:
below 104910, expect 103010 and 101890.
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 105105 and 104242).
Supports and resistances:
112310 **
111170 *
110040 **
108910
106420 last
105660
104910 **
103010 *
101890 **
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