Bitcoin Intraday: rebound
Aug 22, 2025 2:02 AM
rebound.
Our pivot point stands at 111920.
Our preference:
rebound.
Alternative scenario:
the downside breakout of 111920 would call for 110800 and 110140.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (112497) but below its 50 period moving average (113148).
Supports and resistances:
116090 **
115430 *
114770 **
114110
112788 last
112350
111920 **
110800 *
110140 **
Our preference:
rebound.
Alternative scenario:
the downside breakout of 111920 would call for 110800 and 110140.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (112497) but below its 50 period moving average (113148).
Supports and resistances:
116090 **
115430 *
114770 **
114110
112788 last
112350
111920 **
110800 *
110140 **
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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