Bitcoin Intraday: the upside prevails as long as 103430 is support
May 19, 2025 7:52 PM
the upside prevails as long as 103430 is support.
Our pivot point is at 103430.
Our preference:
the upside prevails as long as 103430 is support.
Alternative scenario:
below 103430, expect 101560 and 100450.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 104078 and 104102).
Supports and resistances:
111060 **
109940 *
108820 **
107700
105463 last
104170
103430 **
101560 *
100450 **
Our preference:
the upside prevails as long as 103430 is support.
Alternative scenario:
below 103430, expect 101560 and 100450.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 104078 and 104102).
Supports and resistances:
111060 **
109940 *
108820 **
107700
105463 last
104170
103430 **
101560 *
100450 **
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