Bitcoin Intraday: as long as 103570 is support look for 108470
May 19, 2025 2:05 AM
as long as 103570 is support look for 108470.
103570 is our pivot point.
Our preference:
as long as 103570 is support look for 108470.
Alternative scenario:
below 103570, expect 101700 and 100580.
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 105041 and 104385).
Supports and resistances:
110700 **
109580 *
108470 **
107350
105091 last
104300
103570 **
101700 *
100580 **
Our preference:
as long as 103570 is support look for 108470.
Alternative scenario:
below 103570, expect 101700 and 100580.
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 105041 and 104385).
Supports and resistances:
110700 **
109580 *
108470 **
107350
105091 last
104300
103570 **
101700 *
100580 **
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
87555.77
-306.91999999999825
-34.90%
