Bitcoin Intraday: target 100330
May 16, 2025 7:52 PM
target 100330.
Our pivot point is at 105250.
Our preference:
target 100330.
Alternative scenario:
above 105250, look for 107100 and 108200.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (103845) but above its 50 period moving average (103774).
Supports and resistances:
108200 **
107100 *
105250 **
104530
103800 last
101430
100330 **
99230 *
98130 **
Our preference:
target 100330.
Alternative scenario:
above 105250, look for 107100 and 108200.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (103845) but above its 50 period moving average (103774).
Supports and resistances:
108200 **
107100 *
105250 **
104530
103800 last
101430
100330 **
99230 *
98130 **
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
87410.55
-145.22000000000116
-16.60%
