Bitcoin Intraday: the upside prevails as long as 103790 is support
Jun 18, 2025 11:39 PM
the upside prevails as long as 103790 is support.
Our pivot point is at 103790.
Our preference:
the upside prevails as long as 103790 is support.
Alternative scenario:
the downside breakout of 103790 would call for 102500 and 101730.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 104540 and 104728).
Supports and resistances:
108750 **
107980 *
107210 **
106440
104812 last
104300
103790 **
102500 *
101730 **
Our preference:
the upside prevails as long as 103790 is support.
Alternative scenario:
the downside breakout of 103790 would call for 102500 and 101730.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 104540 and 104728).
Supports and resistances:
108750 **
107980 *
107210 **
106440
104812 last
104300
103790 **
102500 *
101730 **
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