Bitcoin Intraday: as long as 114100 is resistance look for 110830
Aug 22, 2025 6:47 AM
as long as 114100 is resistance look for 110830.
Our pivot point stands at 114100.
Our preference:
as long as 114100 is resistance look for 110830.
Alternative scenario:
the upside breakout of 114100, would call for 115220 and 115880.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 112816 and 112976).
Supports and resistances:
115880 **
115220 *
114100 **
113660
112811 last
111490
110830 **
110170 *
109510 **
Our preference:
as long as 114100 is resistance look for 110830.
Alternative scenario:
the upside breakout of 114100, would call for 115220 and 115880.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 112816 and 112976).
Supports and resistances:
115880 **
115220 *
114100 **
113660
112811 last
111490
110830 **
110170 *
109510 **
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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