Bitcoin Intraday: the downside prevails as long as 110820 is resistance
May 27, 2025 12:05 AM
the downside prevails as long as 110820 is resistance.
Our pivot point stands at 110820.
Our preference:
the downside prevails as long as 110820 is resistance.
Alternative scenario:
above 110820, look for 112550 and 113570.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 109405 and 109571).
Supports and resistances:
113570 **
112550 *
110820 **
110150
109401 last
107350
106320 **
105300 *
104270 **
Our preference:
the downside prevails as long as 110820 is resistance.
Alternative scenario:
above 110820, look for 112550 and 113570.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 109405 and 109571).
Supports and resistances:
113570 **
112550 *
110820 **
110150
109401 last
107350
106320 **
105300 *
104270 **
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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