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Bitcoin Short Term: caution
May 18, 2026 6:13 AM
long positions above 75070 with targets at 90400 & 94720 in extension.
Pivot: 75070
Our preference:
long positions above 75070 with targets at 90400 & 94720 in extension.
Alternative scenario:
below 75070 look for further downside with 67910 & 63640 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
99040
94720
90400
76751 Last
75070
67910
63640
Our preference:
long positions above 75070 with targets at 90400 & 94720 in extension.
Alternative scenario:
below 75070 look for further downside with 67910 & 63640 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
99040
94720
90400
76751 Last
75070
67910
63640
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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Bitcoin
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