Bitcoin Intraday: as long as 105140 is support look for 109510
May 21, 2025 2:05 AM
as long as 105140 is support look for 109510.
Our pivot point is at 105140.
Our preference:
as long as 105140 is support look for 109510.
Alternative scenario:
the downside breakout of 105140 would call for 103460 and 102460.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 106452 and 105828).
Supports and resistances:
111510 **
110510 *
109510 **
108520
106453 last
105790
105140 **
103460 *
102460 **
Our preference:
as long as 105140 is support look for 109510.
Alternative scenario:
the downside breakout of 105140 would call for 103460 and 102460.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 106452 and 105828).
Supports and resistances:
111510 **
110510 *
109510 **
108520
106453 last
105790
105140 **
103460 *
102460 **
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