Bitcoin Intraday: as long as 113730 is support look for 116680
Aug 4, 2025 4:02 AM
as long as 113730 is support look for 116680.
Our pivot point stands at 113730.
Our preference:
as long as 113730 is support look for 116680.
Alternative scenario:
below 113730, expect 112590 and 111900.
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 114506 and 114062).
Supports and resistances:
118040 **
117360 *
116680 **
116000
114632 last
114180
113730 **
112590 *
111900 **
Our preference:
as long as 113730 is support look for 116680.
Alternative scenario:
below 113730, expect 112590 and 111900.
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 114506 and 114062).
Supports and resistances:
118040 **
117360 *
116680 **
116000
114632 last
114180
113730 **
112590 *
111900 **
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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