Bitcoin Intraday: rebound towards 100550
Feb 5, 2025 9:41 AM
rebound towards 100550.
Our pivot point stands at 96210.
Our preference:
rebound towards 100550.
Alternative scenario:
below 96210, expect 94700 and 93790.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 97925 and 98466).
Supports and resistances:
102370 **
101460 *
100550 **
99640
97438 last
96810
96210 **
94700 *
93790 **
Our preference:
rebound towards 100550.
Alternative scenario:
below 96210, expect 94700 and 93790.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 97925 and 98466).
Supports and resistances:
102370 **
101460 *
100550 **
99640
97438 last
96810
96210 **
94700 *
93790 **
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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