Bitcoin Intraday: target 101430
Jun 1, 2025 6:50 AM
target 101430.
Our pivot point is at 105720.
Our preference:
target 101430.
Alternative scenario:
above 105720, look for 107380 and 108360.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (104524) but above its 50 period moving average (104303).
Supports and resistances:
108360 **
107380 *
105720 **
105070
104397 last
102410
101430 **
100440 *
99460 **
Our preference:
target 101430.
Alternative scenario:
above 105720, look for 107380 and 108360.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (104524) but above its 50 period moving average (104303).
Supports and resistances:
108360 **
107380 *
105720 **
105070
104397 last
102410
101430 **
100440 *
99460 **
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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