Bitcoin Short Term: bullish bias above 87000
Dec 30, 2024 8:32 AM
long positions above 87000 with targets at 108000 & 112700 in extension.
Pivot: 87000
Our preference:
long positions above 87000 with targets at 108000 & 112700 in extension.
Alternative scenario:
below 87000 look for further downside with 80000 & 74000 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
123680
112700
108000
93671 Last
87000
80000
74000
Our preference:
long positions above 87000 with targets at 108000 & 112700 in extension.
Alternative scenario:
below 87000 look for further downside with 80000 & 74000 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
123680
112700
108000
93671 Last
87000
80000
74000
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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