Bitcoin Intraday: rebound towards 102690
Dec 7, 2024 1:29 PM
rebound towards 102690.
98060 is our pivot point.
Our preference:
rebound towards 102690.
Alternative scenario:
below 98060, expect 96330 and 95300.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 99568 and 99908).
Supports and resistances:
104760 **
103720 *
102690 **
101660
99501 last
98740
98060 **
96330 *
95300 **
Our preference:
rebound towards 102690.
Alternative scenario:
below 98060, expect 96330 and 95300.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 99568 and 99908).
Supports and resistances:
104760 **
103720 *
102690 **
101660
99501 last
98740
98060 **
96330 *
95300 **
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.
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Bitcoin
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