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Bitcoin Intraday: the upside prevails as long as 75870 is support
May 19, 2026 11:26 PM
the upside prevails as long as 75870 is support.
Our pivot point stands at 75870.
Our preference:
the upside prevails as long as 75870 is support.
Alternative scenario:
the downside breakout of 75870 would call for 74920 and 74360.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 76703 and 76790).
Supports and resistances:
79110 *
78540 **
77970
76834 last
75870 **
74920 *
74360 **
Our preference:
the upside prevails as long as 75870 is support.
Alternative scenario:
the downside breakout of 75870 would call for 74920 and 74360.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 76703 and 76790).
Supports and resistances:
79110 *
78540 **
77970
76834 last
75870 **
74920 *
74360 **
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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