Bitcoin Intraday: the upside prevails as long as 104360 is support
Jun 2, 2025 12:05 AM
the upside prevails as long as 104360 is support.
104360 is our pivot point.
Our preference:
the upside prevails as long as 104360 is support.
Alternative scenario:
below 104360, expect 102680 and 101680.
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 105198 and 104668).
Supports and resistances:
110700 **
109700 *
108710 **
107710
105674 last
105020
104360 **
102680 *
101680 **
Our preference:
the upside prevails as long as 104360 is support.
Alternative scenario:
below 104360, expect 102680 and 101680.
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 105198 and 104668).
Supports and resistances:
110700 **
109700 *
108710 **
107710
105674 last
105020
104360 **
102680 *
101680 **
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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