Bitcoin Intraday: as long as 104250 is support look for 109170
May 20, 2025 4:04 AM
as long as 104250 is support look for 109170.
Our pivot point stands at 104250.
Our preference:
as long as 104250 is support look for 109170.
Alternative scenario:
below 104250, expect 102370 and 101240.
Comment:
the RSI is above 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 105656 and 104379).
Supports and resistances:
111420 **
110290 *
109170 **
108050
105731 last
104990
104250 **
102370 *
101240 **
Our preference:
as long as 104250 is support look for 109170.
Alternative scenario:
below 104250, expect 102370 and 101240.
Comment:
the RSI is above 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 105656 and 104379).
Supports and resistances:
111420 **
110290 *
109170 **
108050
105731 last
104990
104250 **
102370 *
101240 **
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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