Bitcoin Intraday: rebound
Feb 3, 2025 9:42 AM
rebound.
Our pivot point stands at 94630.
Our preference:
rebound.
Alternative scenario:
below 94630, expect 93180 and 92320.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (94638) but under its 50 period moving average (96837).
Supports and resistances:
100310 **
99450 *
98590 **
97720
95763 last
95200
94630 **
93180 *
92320 **
Our preference:
rebound.
Alternative scenario:
below 94630, expect 93180 and 92320.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (94638) but under its 50 period moving average (96837).
Supports and resistances:
100310 **
99450 *
98590 **
97720
95763 last
95200
94630 **
93180 *
92320 **
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