Bitcoin Intraday: as long as 105450 is support look for 109880
May 21, 2025 4:04 AM
as long as 105450 is support look for 109880.
105450 is our pivot point.
Our preference:
as long as 105450 is support look for 109880.
Alternative scenario:
below 105450, expect 103760 and 102760.
Comment:
the RSI is above its neutrality area at 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 106666 and 105877).
Supports and resistances:
111880 **
110880 *
109880 **
108880
106843 last
106110
105450 **
103760 *
102760 **
Our preference:
as long as 105450 is support look for 109880.
Alternative scenario:
below 105450, expect 103760 and 102760.
Comment:
the RSI is above its neutrality area at 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 106666 and 105877).
Supports and resistances:
111880 **
110880 *
109880 **
108880
106843 last
106110
105450 **
103760 *
102760 **
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