Bitcoin Intraday: as long as 108570 is support look for 113020
May 26, 2025 1:02 PM
as long as 108570 is support look for 113020.
108570 is our pivot point.
Our preference:
as long as 108570 is support look for 113020.
Alternative scenario:
the downside breakout of 108570 would call for 106840 and 105810.
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 109796 and 108764).
Supports and resistances:
115080 **
114050 *
113020 **
111990
109929 last
109250
108570 **
106840 *
105810 **
Our preference:
as long as 108570 is support look for 113020.
Alternative scenario:
the downside breakout of 108570 would call for 106840 and 105810.
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 109796 and 108764).
Supports and resistances:
115080 **
114050 *
113020 **
111990
109929 last
109250
108570 **
106840 *
105810 **
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