Bitcoin Intraday: rebound towards 108730
May 30, 2025 1:02 PM
rebound towards 108730.
Our pivot point is at 104420.
Our preference:
rebound towards 108730.
Alternative scenario:
below 104420, expect 102740 and 101740.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (105724) but under its 50 period moving average (106157).
Supports and resistances:
110720 **
109730 *
108730 **
107730
105734 last
105070
104420 **
102740 *
101740 **
Our preference:
rebound towards 108730.
Alternative scenario:
below 104420, expect 102740 and 101740.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (105724) but under its 50 period moving average (106157).
Supports and resistances:
110720 **
109730 *
108730 **
107730
105734 last
105070
104420 **
102740 *
101740 **
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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Bitcoin
88994
1131.3099999999977
+128.80%
