Bitcoin Intraday: the downside prevails as long as 112210 is resistance
Aug 28, 2025 12:04 AM
the downside prevails as long as 112210 is resistance.
Our pivot point stands at 112210.
Our preference:
the downside prevails as long as 112210 is resistance.
Alternative scenario:
the upside breakout of 112210, would call for 113380 and 114080.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 111856 and 111486).
Supports and resistances:
114080 **
113380 *
112210 **
111750
111287 last
109860
109160 **
108460 *
107760 **
Our preference:
the downside prevails as long as 112210 is resistance.
Alternative scenario:
the upside breakout of 112210, would call for 113380 and 114080.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 111856 and 111486).
Supports and resistances:
114080 **
113380 *
112210 **
111750
111287 last
109860
109160 **
108460 *
107760 **
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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