Bitcoin Intraday: the upside prevails as long as 103410 is support
May 31, 2025 7:49 PM
the upside prevails as long as 103410 is support.
Our pivot point is at 103410.
Our preference:
the upside prevails as long as 103410 is support.
Alternative scenario:
below 103410, expect 101750 and 100760.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 104272 and 104074).
Supports and resistances:
109710 **
108720 *
107730 **
106740
104761 last
104060
103410 **
101750 *
100760 **
Our preference:
the upside prevails as long as 103410 is support.
Alternative scenario:
below 103410, expect 101750 and 100760.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 104272 and 104074).
Supports and resistances:
109710 **
108720 *
107730 **
106740
104761 last
104060
103410 **
101750 *
100760 **
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