Bitcoin Intraday: as long as 95530 is support look for 100090
May 7, 2025 8:43 AM
as long as 95530 is support look for 100090.
Our pivot point stands at 95530.
Our preference:
as long as 95530 is support look for 100090.
Alternative scenario:
the downside breakout of 95530 would call for 93800 and 92780.
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 above its 20 and 50 period moving average (respectively at 96785 and 95380).
Supports and resistances:
102140 **
101120 *
100090 **
99060
97000 last
96210
95530 **
93800 *
92780 **
Our preference:
as long as 95530 is support look for 100090.
Alternative scenario:
the downside breakout of 95530 would call for 93800 and 92780.
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 above its 20 and 50 period moving average (respectively at 96785 and 95380).
Supports and resistances:
102140 **
101120 *
100090 **
99060
97000 last
96210
95530 **
93800 *
92780 **
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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