Bitcoin Intraday: the upside prevails as long as 107910 is support
Aug 30, 2025 7:47 PM
the upside prevails as long as 107910 is support.
107910 is our pivot point.
Our preference:
the upside prevails as long as 107910 is support.
Alternative scenario:
below 107910, expect 106760 and 106080.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 108672 and 108435).
Supports and resistances:
112320 **
111640 *
110950 **
110270
108857 last
108360
107910 **
106760 *
106080 **
Our preference:
the upside prevails as long as 107910 is support.
Alternative scenario:
below 107910, expect 106760 and 106080.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 108672 and 108435).
Supports and resistances:
112320 **
111640 *
110950 **
110270
108857 last
108360
107910 **
106760 *
106080 **
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.
Related Instruments
Bitcoin
89299.3
1098.3399999999965
+124.50%
