Bitcoin Intraday: as long as 117160 is support look for 120310
Jul 26, 2025 7:47 PM
as long as 117160 is support look for 120310.
Our pivot point stands at 117160.
Our preference:
as long as 117160 is support look for 120310.
Alternative scenario:
the downside breakout of 117160 would call for 115980 and 115270.
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 118047 and 117644).
Supports and resistances:
121720 **
121010 *
120310 **
119600
118182 last
117630
117160 **
115980 *
115270 **
Our preference:
as long as 117160 is support look for 120310.
Alternative scenario:
the downside breakout of 117160 would call for 115980 and 115270.
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 118047 and 117644).
Supports and resistances:
121720 **
121010 *
120310 **
119600
118182 last
117630
117160 **
115980 *
115270 **
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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