Bitcoin Intraday: the downside prevails as long as 115360 is resistance
Aug 5, 2025 6:47 AM
the downside prevails as long as 115360 is resistance.
115360 is our pivot point.
Our preference:
the downside prevails as long as 115360 is resistance.
Alternative scenario:
above 115360, look for 116500 and 117180.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 114718 and 114721).
Supports and resistances:
117180 **
116500 *
115360 **
114910
114308 last
112950
112270 **
111590 *
110910 **
Our preference:
the downside prevails as long as 115360 is resistance.
Alternative scenario:
above 115360, look for 116500 and 117180.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 114718 and 114721).
Supports and resistances:
117180 **
116500 *
115360 **
114910
114308 last
112950
112270 **
111590 *
110910 **
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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