Bitcoin Intraday: the downside prevails as long as 111510 is resistance
Aug 27, 2025 8:40 AM
the downside prevails as long as 111510 is resistance.
Our pivot point stands at 111510.
Our preference:
the downside prevails as long as 111510 is resistance.
Alternative scenario:
above 111510, look for 112680 and 113370.
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 111252 and 110765).
Supports and resistances:
113370 **
112680 *
111510 **
111050
110593 last
109170
108480 **
107780 *
107090 **
Our preference:
the downside prevails as long as 111510 is resistance.
Alternative scenario:
above 111510, look for 112680 and 113370.
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 111252 and 110765).
Supports and resistances:
113370 **
112680 *
111510 **
111050
110593 last
109170
108480 **
107780 *
107090 **
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