Technical analysis by cryptodailyuk about Symbol BTC on 8/27/2025

cryptodailyuk

🔹 Trend and Price Action • There was a downward trend on the chart (orange trend line). • The price creates above the inheritance trend line, which is the first signal of the potential change of direction. • Currently, the course oscillates around USD 111.9. ⸻ 🔹 levels of support and resistance You have key zones marked: • resistance: • $ 112 236 (local resistance - the price is currently struggling with it), • $ 113 171, • 114 481 $. • Support: • 110 677 $, • $ 109 430, • $ 107 309 (stronger support). 👉 If the price lasts above $ 112 $ 236 - we can see the test 113-114K. 👉 If it does not pierce, possible retest 110.6k or lower. ⸻ 🔹 indicators • MacD - I see that the blue line cut the orange from below → Bycza signal (confirms the attempt to change the trend). • Stochastic RSI - is high (exit from the hole), but already close to the purchase zone → possible light withdrawal or consolidation before it moves further. ⸻ 🔹 Scenarios 1. Bull (more likely now): • Maintenance above 111.9k - 112.2k → Movement up to 113.1k and 114.4k. • Breaking 114.4k opens the way to 116K+. 2. Bear (if he doesn't beat 112.2k): • Rejection → descent to 110.6k. • Breaking 110.6k → test 109.4k.