Bitcoin Intraday: the downside prevails as long as 105330 is resistance
Jun 19, 2025 7:50 PM
the downside prevails as long as 105330 is resistance.
Our pivot point is at 105330.
Our preference:
the downside prevails as long as 105330 is resistance.
Alternative scenario:
the upside breakout of 105330, would call for 106620 and 107390.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 104502 and 104672).
Supports and resistances:
107390 **
106620 *
105330 **
104830
104236 last
102670
101900 **
101130 *
100370 **
Our preference:
the downside prevails as long as 105330 is resistance.
Alternative scenario:
the upside breakout of 105330, would call for 106620 and 107390.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 104502 and 104672).
Supports and resistances:
107390 **
106620 *
105330 **
104830
104236 last
102670
101900 **
101130 *
100370 **
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.
Related Instruments
Bitcoin
88228.12
701.9199999999983
+80.20%
