Bitcoin Intraday: target 101920
Jun 2, 2025 4:07 AM
target 101920.
Our pivot point is at 106200.
Our preference:
target 101920.
Alternative scenario:
above 106200, look for 107870 and 108860.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (105283) but above its 50 period moving average (104798).
Supports and resistances:
108860 **
107870 *
106200 **
105550
104895 last
102910
101920 **
100930 *
99940 **
Our preference:
target 101920.
Alternative scenario:
above 106200, look for 107870 and 108860.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (105283) but above its 50 period moving average (104798).
Supports and resistances:
108860 **
107870 *
106200 **
105550
104895 last
102910
101920 **
100930 *
99940 **
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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