Bitcoin Intraday: the upside prevails as long as 108320 is support
May 26, 2025 4:05 AM
the upside prevails as long as 108320 is support.
108320 is our pivot point.
Our preference:
the upside prevails as long as 108320 is support.
Alternative scenario:
below 108320, expect 106590 and 105560.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 108698 and 107974).
Supports and resistances:
114870 **
113840 *
112810 **
111780
109698 last
109000
108320 **
106590 *
105560 **
Our preference:
the upside prevails as long as 108320 is support.
Alternative scenario:
below 108320, expect 106590 and 105560.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 108698 and 107974).
Supports and resistances:
114870 **
113840 *
112810 **
111780
109698 last
109000
108320 **
106590 *
105560 **
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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