Bitcoin Intraday: the upside prevails as long as 93760 is support
May 6, 2025 7:50 PM
the upside prevails as long as 93760 is support.
Our pivot point is at 93760.
Our preference:
the upside prevails as long as 93760 is support.
Alternative scenario:
below 93760, expect 92060 and 91050.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 94318 and 94401).
Supports and resistances:
100140 **
99130 *
98120 **
97110
95095 last
94420
93760 **
92060 *
91050 **
Our preference:
the upside prevails as long as 93760 is support.
Alternative scenario:
below 93760, expect 92060 and 91050.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 94318 and 94401).
Supports and resistances:
100140 **
99130 *
98120 **
97110
95095 last
94420
93760 **
92060 *
91050 **
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.
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