Bitcoin Intraday: as long as 110190 is support look for 114700
May 22, 2025 1:02 PM
as long as 110190 is support look for 114700.
Our pivot point is at 110190.
Our preference:
as long as 110190 is support look for 114700.
Alternative scenario:
below 110190, expect 108430 and 107380.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 111015 and 109557).
Supports and resistances:
116800 **
115750 *
114700 **
113660
111566 last
110880
110190 **
108430 *
107380 **
Our preference:
as long as 110190 is support look for 114700.
Alternative scenario:
below 110190, expect 108430 and 107380.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 111015 and 109557).
Supports and resistances:
116800 **
115750 *
114700 **
113660
111566 last
110880
110190 **
108430 *
107380 **
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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