Bitcoin Intraday: target 117530
Aug 13, 2025 2:02 AM
target 117530.
120310 is our pivot point.
Our preference:
target 117530.
Alternative scenario:
the upside breakout of 120310, would call for 121400 and 122040.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (119744) but above its 50 period moving average (119268).
Supports and resistances:
122040 **
121400 *
120310 **
119890
119461 last
118170
117530 **
116880 *
116240 **
Our preference:
target 117530.
Alternative scenario:
the upside breakout of 120310, would call for 121400 and 122040.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (119744) but above its 50 period moving average (119268).
Supports and resistances:
122040 **
121400 *
120310 **
119890
119461 last
118170
117530 **
116880 *
116240 **
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.
Related Instruments
Bitcoin
87817.87
-503.1600000000035
-57.00%
