Bitcoin Intraday: as long as 114130 is support look for 117010
Aug 7, 2025 12:02 AM
as long as 114130 is support look for 117010.
Our pivot point is at 114130.
Our preference:
as long as 114130 is support look for 117010.
Alternative scenario:
below 114130, expect 113010 and 112340.
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 below its 20 period moving average (115204) but above its 50 period moving average (114436).
Supports and resistances:
118350 **
117680 *
117010 **
116340
115008 last
114570
114130 **
113010 *
112340 **
Our preference:
as long as 114130 is support look for 117010.
Alternative scenario:
below 114130, expect 113010 and 112340.
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 below its 20 period moving average (115204) but above its 50 period moving average (114436).
Supports and resistances:
118350 **
117680 *
117010 **
116340
115008 last
114570
114130 **
113010 *
112340 **
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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