Bitcoin Intraday: as long as 108350 is support look for 112950
May 26, 2025 8:41 AM
as long as 108350 is support look for 112950.
Our pivot point stands at 108350.
Our preference:
as long as 108350 is support look for 112950.
Alternative scenario:
the downside breakout of 108350 would call for 106620 and 105600.
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 above its 20 and 50 period moving average (respectively at 109573 and 108300).
Supports and resistances:
115010 **
113980 *
112950 **
111920
109743 last
109030
108350 **
106620 *
105600 **
Our preference:
as long as 108350 is support look for 112950.
Alternative scenario:
the downside breakout of 108350 would call for 106620 and 105600.
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 above its 20 and 50 period moving average (respectively at 109573 and 108300).
Supports and resistances:
115010 **
113980 *
112950 **
111920
109743 last
109030
108350 **
106620 *
105600 **
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