Bitcoin Intraday: rebound towards 100600
Feb 5, 2025 7:50 AM
rebound towards 100600.
96370 is our pivot point.
Our preference:
rebound towards 100600.
Alternative scenario:
below 96370, expect 94840 and 93940.
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 97893 and 98544).
Supports and resistances:
102410 **
101500 *
100600 **
99690
97870 last
96960
96370 **
94840 *
93940 **
Our preference:
rebound towards 100600.
Alternative scenario:
below 96370, expect 94840 and 93940.
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 97893 and 98544).
Supports and resistances:
102410 **
101500 *
100600 **
99690
97870 last
96960
96370 **
94840 *
93940 **
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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