Bitcoin Intraday: rebound towards 103930
Dec 19, 2024 5:05 AM
rebound towards 103930.
99210 is our pivot point.
Our preference:
rebound towards 103930.
Alternative scenario:
the downside breakout of 99210 would call for 97440 and 96380.
Comment:
the RSI is below 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 100792 and 102892).
Supports and resistances:
106050 **
104990 *
103930 **
102870
100746 last
99910
99210 **
97440 *
96380 **
Our preference:
rebound towards 103930.
Alternative scenario:
the downside breakout of 99210 would call for 97440 and 96380.
Comment:
the RSI is below 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 100792 and 102892).
Supports and resistances:
106050 **
104990 *
103930 **
102870
100746 last
99910
99210 **
97440 *
96380 **
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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