Bitcoin Intraday: the upside prevails as long as 105530 is support
May 21, 2025 12:05 AM
the upside prevails as long as 105530 is support.
105530 is our pivot point.
Our preference:
the upside prevails as long as 105530 is support.
Alternative scenario:
below 105530, expect 103850 and 102850.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 106154 and 105766).
Supports and resistances:
111900 **
110890 *
109890 **
108890
106855 last
106190
105530 **
103850 *
102850 **
Our preference:
the upside prevails as long as 105530 is support.
Alternative scenario:
below 105530, expect 103850 and 102850.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 106154 and 105766).
Supports and resistances:
111900 **
110890 *
109890 **
108890
106855 last
106190
105530 **
103850 *
102850 **
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