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Bitcoin Intraday: rebound towards 79010
May 18, 2026 1:49 PM
rebound towards 79010.
Our pivot point is at 75910.
Our preference:
rebound towards 79010.
Alternative scenario:
the downside breakout of 75910 would call for 74930 and 74340.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 76970 and 77459).
Supports and resistances:
79600 *
79010 **
78420
76840 last
75910 **
74930 *
74340 **
Our preference:
rebound towards 79010.
Alternative scenario:
the downside breakout of 75910 would call for 74930 and 74340.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 76970 and 77459).
Supports and resistances:
79600 *
79010 **
78420
76840 last
75910 **
74930 *
74340 **
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