Bitcoin Intraday: under pressure below 110540
Jun 11, 2025 7:50 AM
under pressure below 110540.
Our pivot point stands at 110540.
Our preference:
under pressure below 110540.
Alternative scenario:
above 110540, look for 111880 and 112680.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 109733 and 109486).
Supports and resistances:
112680 **
111880 *
110540 **
110010
109432 last
107830
107030 **
106230 *
105430 **
Our preference:
under pressure below 110540.
Alternative scenario:
above 110540, look for 111880 and 112680.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 109733 and 109486).
Supports and resistances:
112680 **
111880 *
110540 **
110010
109432 last
107830
107030 **
106230 *
105430 **
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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