Bitcoin Intraday: as long as 94820 is support look for 100310
May 2, 2025 12:05 AM
as long as 94820 is support look for 100310.
Our pivot point stands at 94820.
Our preference:
as long as 94820 is support look for 100310.
Alternative scenario:
the downside breakout of 94820 would call for 92720 and 91480.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (96726) but above its 50 period moving average (95860).
Supports and resistances:
102810 **
101560 *
100310 **
99060
96563 last
95650
94820 **
92720 *
91480 **
Our preference:
as long as 94820 is support look for 100310.
Alternative scenario:
the downside breakout of 94820 would call for 92720 and 91480.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (96726) but above its 50 period moving average (95860).
Supports and resistances:
102810 **
101560 *
100310 **
99060
96563 last
95650
94820 **
92720 *
91480 **
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