Bitcoin Intraday: as long as 111870 is support look for 115430
Aug 28, 2025 1:01 PM
as long as 111870 is support look for 115430.
Our pivot point stands at 111870.
Our preference:
as long as 111870 is support look for 115430.
Alternative scenario:
below 111870, expect 110680 and 109970.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 112938 and 112216).
Supports and resistances:
116860 **
116150 *
115430 **
114720
113300 last
112340
111870 **
110680 *
109970 **
Our preference:
as long as 111870 is support look for 115430.
Alternative scenario:
below 111870, expect 110680 and 109970.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 112938 and 112216).
Supports and resistances:
116860 **
116150 *
115430 **
114720
113300 last
112340
111870 **
110680 *
109970 **
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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