Bitcoin Intraday: the upside prevails as long as 117680 is support
Jul 29, 2025 5:41 AM
the upside prevails as long as 117680 is support.
Our pivot point stands at 117680.
Our preference:
the upside prevails as long as 117680 is support.
Alternative scenario:
below 117680, expect 116480 and 115770.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 118171 and 118425).
Supports and resistances:
122300 **
121590 *
120880 **
120160
118741 last
118140
117680 **
116480 *
115770 **
Our preference:
the upside prevails as long as 117680 is support.
Alternative scenario:
below 117680, expect 116480 and 115770.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 118171 and 118425).
Supports and resistances:
122300 **
121590 *
120880 **
120160
118741 last
118140
117680 **
116480 *
115770 **
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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