Bitcoin Intraday: rebound towards 101210
Feb 5, 2025 1:05 AM
rebound towards 101210.
Our pivot point stands at 97100.
Our preference:
rebound towards 101210.
Alternative scenario:
below 97100, expect 95570 and 94660.
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 98528 and 99178).
Supports and resistances:
103040 **
102130 *
101210 **
100300
98471 last
97700
97100 **
95570 *
94660 **
Our preference:
rebound towards 101210.
Alternative scenario:
below 97100, expect 95570 and 94660.
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 98528 and 99178).
Supports and resistances:
103040 **
102130 *
101210 **
100300
98471 last
97700
97100 **
95570 *
94660 **
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
115704.230
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