Bitcoin Intraday: as long as 113330 is support look for 116380
Aug 4, 2025 12:03 AM
as long as 113330 is support look for 116380.
113330 is our pivot point.
Our preference:
as long as 113330 is support look for 116380.
Alternative scenario:
the downside breakout of 113330 would call for 112190 and 111510.
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 trading above both its 20 and 50 period moving average (respectively at 114191 and 113787).
Supports and resistances:
117740 **
117060 *
116380 **
115700
114305 last
113780
113330 **
112190 *
111510 **
Our preference:
as long as 113330 is support look for 116380.
Alternative scenario:
the downside breakout of 113330 would call for 112190 and 111510.
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 trading above both its 20 and 50 period moving average (respectively at 114191 and 113787).
Supports and resistances:
117740 **
117060 *
116380 **
115700
114305 last
113780
113330 **
112190 *
111510 **
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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