Bitcoin Intraday: the downside prevails as long as 117940 is resistance
Sep 19, 2025 4:02 AM
the downside prevails as long as 117940 is resistance.
Our pivot point is at 117940.
Our preference:
the downside prevails as long as 117940 is resistance.
Alternative scenario:
above 117940, look for 119100 and 119790.
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 117322 and 117363).
Supports and resistances:
119790 **
119100 *
117940 **
117480
117022 last
115630
114940 **
114250 *
113550 **
Our preference:
the downside prevails as long as 117940 is resistance.
Alternative scenario:
above 117940, look for 119100 and 119790.
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 117322 and 117363).
Supports and resistances:
119790 **
119100 *
117940 **
117480
117022 last
115630
114940 **
114250 *
113550 **
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