Bitcoin Intraday: rebound towards 111890
May 28, 2025 6:50 AM
rebound towards 111890.
Our pivot point stands at 107440.
Our preference:
rebound towards 111890.
Alternative scenario:
below 107440, expect 105710 and 104680.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 108918 and 109425).
Supports and resistances:
113950 **
112920 *
111890 **
110870
108791 last
108110
107440 **
105710 *
104680 **
Our preference:
rebound towards 111890.
Alternative scenario:
below 107440, expect 105710 and 104680.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 108918 and 109425).
Supports and resistances:
113950 **
112920 *
111890 **
110870
108791 last
108110
107440 **
105710 *
104680 **
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