tradingkey.logo

Bitcoin Short Term: bounce

Nov 11, 2024 8:09 AM
long positions above 70000 with targets at 87500 & 93700 in extension.
image
Pivot: 70000
Our preference:
long positions above 70000 with targets at 87500 & 93700 in extension.
Alternative scenario:
below 70000 look for further downside with 64750 & 59500 as targets.
Comment:
the RSI calls for a bounce.
Supports and resistances:
99000
93700
87500
81259 Last
70000
64750
59500
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.
KeyAI