Bitcoin Intraday: as long as 118350 is support look for 121430
Jul 28, 2025 4:02 AM
as long as 118350 is support look for 121430.
Our pivot point is at 118350.
Our preference:
as long as 118350 is support look for 121430.
Alternative scenario:
below 118350, expect 117150 and 116430.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 119284 and 118742).
Supports and resistances:
122860 **
122150 *
121430 **
120720
119290 last
118820
118350 **
117150 *
116430 **
Our preference:
as long as 118350 is support look for 121430.
Alternative scenario:
below 118350, expect 117150 and 116430.
Comment:
the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 119284 and 118742).
Supports and resistances:
122860 **
122150 *
121430 **
120720
119290 last
118820
118350 **
117150 *
116430 **
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