Bitcoin Intraday: the downside prevails as long as 115180 is resistance
Aug 5, 2025 4:02 AM
the downside prevails as long as 115180 is resistance.
Our pivot point stands at 115180.
Our preference:
the downside prevails as long as 115180 is resistance.
Alternative scenario:
the upside breakout of 115180, would call for 116320 and 117000.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 114838 and 114730).
Supports and resistances:
117000 **
116320 *
115180 **
114730
114278 last
112920
112240 **
111560 *
110880 **
Our preference:
the downside prevails as long as 115180 is resistance.
Alternative scenario:
the upside breakout of 115180, would call for 116320 and 117000.
Comment:
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 114838 and 114730).
Supports and resistances:
117000 **
116320 *
115180 **
114730
114278 last
112920
112240 **
111560 *
110880 **
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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