Bitcoin Intraday: rebound towards 96710
Jan 1, 2025 7:50 AM
rebound towards 96710.
92130 is our pivot point.
Our preference:
rebound towards 96710.
Alternative scenario:
the downside breakout of 92130 would call for 90370 and 89330.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 93565 and 93950).
Supports and resistances:
98790 **
97750 *
96710 **
95660
93520 last
92810
92130 **
90370 *
89330 **
Our preference:
rebound towards 96710.
Alternative scenario:
the downside breakout of 92130 would call for 90370 and 89330.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 93565 and 93950).
Supports and resistances:
98790 **
97750 *
96710 **
95660
93520 last
92810
92130 **
90370 *
89330 **
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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