Bitcoin Intraday: the upside prevails as long as 104930 is support
Nov 10, 2025 3:06 AM
the upside prevails as long as 104930 is support.
Our pivot point stands at 104930.
Our preference:
the upside prevails as long as 104930 is support.
Alternative scenario:
the downside breakout of 104930 would call for 103570 and 102760.
Comment:
the RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). 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 104975 and 103373).
Supports and resistances:
110170 **
109360 *
108550 **
107740
106120 last
105470
104930 **
103570 *
102760 **
Our preference:
the upside prevails as long as 104930 is support.
Alternative scenario:
the downside breakout of 104930 would call for 103570 and 102760.
Comment:
the RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). 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 104975 and 103373).
Supports and resistances:
110170 **
109360 *
108550 **
107740
106120 last
105470
104930 **
103570 *
102760 **
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