Bitcoin Intraday: rebound towards 97150
Jan 8, 2025 8:50 PM
rebound towards 97150.
Our pivot point stands at 92700.
Our preference:
rebound towards 97150.
Alternative scenario:
the downside breakout of 92700 would call for 91050 and 90070.
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 under both its 20 and 50 period moving average (respectively at 94752 and 95746).
Supports and resistances:
99120 **
98140 *
97150 **
96170
94053 last
93350
92700 **
91050 *
90070 **
Our preference:
rebound towards 97150.
Alternative scenario:
the downside breakout of 92700 would call for 91050 and 90070.
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 under both its 20 and 50 period moving average (respectively at 94752 and 95746).
Supports and resistances:
99120 **
98140 *
97150 **
96170
94053 last
93350
92700 **
91050 *
90070 **
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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