Bitcoin Intraday: as long as 119170 is support look for 122670
Jul 18, 2025 6:47 AM
as long as 119170 is support look for 122670.
Our pivot point stands at 119170.
Our preference:
as long as 119170 is support look for 122670.
Alternative scenario:
the downside breakout of 119170 would call for 117900 and 117140.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 120184 and 119278).
Supports and resistances:
124190 **
123430 *
122670 **
121910
120331 last
119670
119170 **
117900 *
117140 **
Our preference:
as long as 119170 is support look for 122670.
Alternative scenario:
the downside breakout of 119170 would call for 117900 and 117140.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 120184 and 119278).
Supports and resistances:
124190 **
123430 *
122670 **
121910
120331 last
119670
119170 **
117900 *
117140 **
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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