Bitcoin Intraday: as long as 118300 is support look for 121580
Jul 18, 2025 12:02 AM
as long as 118300 is support look for 121580.
118300 is our pivot point.
Our preference:
as long as 118300 is support look for 121580.
Alternative scenario:
below 118300, expect 117040 and 116290.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (119374) but above its 50 period moving average (118799).
Supports and resistances:
123080 **
122330 *
121580 **
120830
119300 last
118800
118300 **
117040 *
116290 **
Our preference:
as long as 118300 is support look for 121580.
Alternative scenario:
below 118300, expect 117040 and 116290.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (119374) but above its 50 period moving average (118799).
Supports and resistances:
123080 **
122330 *
121580 **
120830
119300 last
118800
118300 **
117040 *
116290 **
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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