Bitcoin Intraday: rebound towards 103240
Dec 13, 2024 5:05 AM
rebound towards 103240.
Our pivot point is at 98630.
Our preference:
rebound towards 103240.
Alternative scenario:
the downside breakout of 98630 would call for 96870 and 95820.
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 above its 20 period moving average (99854) but under its 50 period moving average (100540).
Supports and resistances:
105330 **
104290 *
103240 **
102190
100098 last
99320
98630 **
96870 *
95820 **
Our preference:
rebound towards 103240.
Alternative scenario:
the downside breakout of 98630 would call for 96870 and 95820.
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 above its 20 period moving average (99854) but under its 50 period moving average (100540).
Supports and resistances:
105330 **
104290 *
103240 **
102190
100098 last
99320
98630 **
96870 *
95820 **
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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