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Bitcoin Intraday: the upside prevails as long as 76200 is support
May 18, 2026 11:24 PM
the upside prevails as long as 76200 is support.
Our pivot point stands at 76200.
Our preference:
the upside prevails as long as 76200 is support.
Alternative scenario:
the downside breakout of 76200 would call for 75220 and 74630.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 76653 and 76891).
Supports and resistances:
79450 *
78860 **
78270
76994 last
76200 **
75220 *
74630 **
Our preference:
the upside prevails as long as 76200 is support.
Alternative scenario:
the downside breakout of 76200 would call for 75220 and 74630.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 76653 and 76891).
Supports and resistances:
79450 *
78860 **
78270
76994 last
76200 **
75220 *
74630 **
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