Bitcoin Intraday: the downside prevails as long as 113540 is resistance
Aug 22, 2025 12:59 PM
the downside prevails as long as 113540 is resistance.
Our pivot point stands at 113540.
Our preference:
the downside prevails as long as 113540 is resistance.
Alternative scenario:
the upside breakout of 113540, would call for 114640 and 115300.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 112837 and 112781).
Supports and resistances:
115300 **
114640 *
113540 **
113100
112338 last
110370
109710 **
109060 *
108400 **
Our preference:
the downside prevails as long as 113540 is resistance.
Alternative scenario:
the upside breakout of 113540, would call for 114640 and 115300.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 112837 and 112781).
Supports and resistances:
115300 **
114640 *
113540 **
113100
112338 last
110370
109710 **
109060 *
108400 **
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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