Bitcoin Intraday: as long as 101470 is support look for 106180
May 9, 2025 1:02 PM
as long as 101470 is support look for 106180.
Our pivot point is at 101470.
Our preference:
as long as 101470 is support look for 106180.
Alternative scenario:
below 101470, expect 99630 and 98540.
Comment:
the RSI is above 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 (103024) but above its 50 period moving average (102200).
Supports and resistances:
108360 **
107270 *
106180 **
105090
102907 last
102190
101470 **
99630 *
98540 **
Our preference:
as long as 101470 is support look for 106180.
Alternative scenario:
below 101470, expect 99630 and 98540.
Comment:
the RSI is above 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 (103024) but above its 50 period moving average (102200).
Supports and resistances:
108360 **
107270 *
106180 **
105090
102907 last
102190
101470 **
99630 *
98540 **
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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