Bitcoin Intraday: the downside prevails as long as 113540 is resistance
Aug 22, 2025 12:59 PM
the downside prevails as long as 113540 is resistance.
Our pivot point stands at 113540.
Our preference:
the downside prevails as long as 113540 is resistance.
Alternative scenario:
the upside breakout of 113540, would call for 114640 and 115300.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 112837 and 112781).
Supports and resistances:
115300 **
114640 *
113540 **
113100
112338 last
110370
109710 **
109060 *
108400 **
Our preference:
the downside prevails as long as 113540 is resistance.
Alternative scenario:
the upside breakout of 113540, would call for 114640 and 115300.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 112837 and 112781).
Supports and resistances:
115300 **
114640 *
113540 **
113100
112338 last
110370
109710 **
109060 *
108400 **
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