Bitcoin Intraday: as long as 118140 is support look for 121450
Jul 14, 2025 2:05 AM
as long as 118140 is support look for 121450.
Our pivot point stands at 118140.
Our preference:
as long as 118140 is support look for 121450.
Alternative scenario:
the downside breakout of 118140 would call for 116880 and 116130.
Comment:
the RSI is above its neutrality area at 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 118962 and 118441).
Supports and resistances:
122960 **
122200 *
121450 **
120700
119199 last
118640
118140 **
116880 *
116130 **
Our preference:
as long as 118140 is support look for 121450.
Alternative scenario:
the downside breakout of 118140 would call for 116880 and 116130.
Comment:
the RSI is above its neutrality area at 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 118962 and 118441).
Supports and resistances:
122960 **
122200 *
121450 **
120700
119199 last
118640
118140 **
116880 *
116130 **
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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