Bitcoin Intraday: the upside prevails as long as 108200 is support
May 27, 2025 8:43 AM
the upside prevails as long as 108200 is support.
108200 is our pivot point.
Our preference:
the upside prevails as long as 108200 is support.
Alternative scenario:
the downside breakout of 108200 would call for 106470 and 105440.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 109025 and 109355).
Supports and resistances:
114860 **
113840 *
112810 **
111780
109584 last
108870
108200 **
106470 *
105440 **
Our preference:
the upside prevails as long as 108200 is support.
Alternative scenario:
the downside breakout of 108200 would call for 106470 and 105440.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 109025 and 109355).
Supports and resistances:
114860 **
113840 *
112810 **
111780
109584 last
108870
108200 **
106470 *
105440 **
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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