Bitcoin Intraday: as long as 94870 is support look for 100510
May 2, 2025 8:40 AM
as long as 94870 is support look for 100510.
Our pivot point is at 94870.
Our preference:
as long as 94870 is support look for 100510.
Alternative scenario:
the downside breakout of 94870 would call for 92770 and 91520.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (96841) but above its 50 period moving average (96586).
Supports and resistances:
103010 **
101760 *
100510 **
99250
96749 last
95700
94870 **
92770 *
91520 **
Our preference:
as long as 94870 is support look for 100510.
Alternative scenario:
the downside breakout of 94870 would call for 92770 and 91520.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (96841) but above its 50 period moving average (96586).
Supports and resistances:
103010 **
101760 *
100510 **
99250
96749 last
95700
94870 **
92770 *
91520 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
Related Instruments
Bitcoin
87496.19
-59.580000000001746
-6.80%
