Bitcoin Intraday: the downside prevails as long as 105090 is resistance
May 14, 2025 8:41 AM
the downside prevails as long as 105090 is resistance.
Our pivot point stands at 105090.
Our preference:
the downside prevails as long as 105090 is resistance.
Alternative scenario:
the upside breakout of 105090, would call for 106940 and 108040.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 103761 and 103825).
Supports and resistances:
108040 **
106940 *
105090 **
104370
103598 last
101310
100210 **
99120 *
98020 **
Our preference:
the downside prevails as long as 105090 is resistance.
Alternative scenario:
the upside breakout of 105090, would call for 106940 and 108040.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 103761 and 103825).
Supports and resistances:
108040 **
106940 *
105090 **
104370
103598 last
101310
100210 **
99120 *
98020 **
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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