Bitcoin Intraday: the upside prevails
Dec 12, 2024 5:59 AM
long positions above 99550 with targets at 102000 & 103100 in extension.
Pivot: 99550
Our preference:
long positions above 99550 with targets at 102000 & 103100 in extension.
Alternative scenario:
below 99550 look for further downside with 98000 & 96600 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
104000
103100
102000
100974 Last
99550
98000
96600
Our preference:
long positions above 99550 with targets at 102000 & 103100 in extension.
Alternative scenario:
below 99550 look for further downside with 98000 & 96600 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
104000
103100
102000
100974 Last
99550
98000
96600
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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