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Bitcoin Intraday: as long as 74020 is resistance look for 71770
May 29, 2026 7:14 PM
as long as 74020 is resistance look for 71770.
Our pivot point stands at 74020.
Our preference:
as long as 74020 is resistance look for 71770.
Alternative scenario:
above 74020, look for 74830 and 75310.
Comment:
the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 73429 and 73468).
Supports and resistances:
75310 **
74830 *
74020 **
73349 last
72250
71770 **
71290 *
Our preference:
as long as 74020 is resistance look for 71770.
Alternative scenario:
above 74020, look for 74830 and 75310.
Comment:
the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 73429 and 73468).
Supports and resistances:
75310 **
74830 *
74020 **
73349 last
72250
71770 **
71290 *
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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