Bitcoin Intraday: target 119670
Aug 14, 2025 6:47 AM
target 119670.
Our pivot point stands at 122800.
Our preference:
target 119670.
Alternative scenario:
the upside breakout of 122800, would call for 123910 and 124570.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (123106) but above its 50 period moving average (121789).
Supports and resistances:
124570 **
123910 *
122800 **
122370
121935 last
120330
119670 **
119020 *
118360 **
Our preference:
target 119670.
Alternative scenario:
the upside breakout of 122800, would call for 123910 and 124570.
Comment:
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (123106) but above its 50 period moving average (121789).
Supports and resistances:
124570 **
123910 *
122800 **
122370
121935 last
120330
119670 **
119020 *
118360 **
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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