Bitcoin Intraday: as long as 117660 is support look for 120720
Aug 10, 2025 7:49 PM
as long as 117660 is support look for 120720.
Our pivot point stands at 117660.
Our preference:
as long as 117660 is support look for 120720.
Alternative scenario:
below 117660, expect 116500 and 115820.
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 118520 and 117832).
Supports and resistances:
122100 **
121410 *
120720 **
120030
118648 last
118110
117660 **
116500 *
115820 **
Our preference:
as long as 117660 is support look for 120720.
Alternative scenario:
below 117660, expect 116500 and 115820.
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 118520 and 117832).
Supports and resistances:
122100 **
121410 *
120720 **
120030
118648 last
118110
117660 **
116500 *
115820 **
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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