Bitcoin Intraday: as long as 104120 is support look for 108330
Jun 3, 2025 1:02 PM
as long as 104120 is support look for 108330.
Our pivot point is at 104120.
Our preference:
as long as 104120 is support look for 108330.
Alternative scenario:
below 104120, expect 102480 and 101510.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 105323 and 105143).
Supports and resistances:
110280 **
109300 *
108330 **
107350
105404 last
104760
104120 **
102480 *
101510 **
Our preference:
as long as 104120 is support look for 108330.
Alternative scenario:
below 104120, expect 102480 and 101510.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 105323 and 105143).
Supports and resistances:
110280 **
109300 *
108330 **
107350
105404 last
104760
104120 **
102480 *
101510 **
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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