Bitcoin Intraday: rebound towards 98110
Feb 12, 2025 5:05 AM
rebound towards 98110.
94380 is our pivot point.
Our preference:
rebound towards 98110.
Alternative scenario:
the downside breakout of 94380 would call for 92960 and 92120.
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 95708 and 96728).
Supports and resistances:
99800 **
98960 *
98110 **
97270
95582 last
94930
94380 **
92960 *
92120 **
Our preference:
rebound towards 98110.
Alternative scenario:
the downside breakout of 94380 would call for 92960 and 92120.
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 95708 and 96728).
Supports and resistances:
99800 **
98960 *
98110 **
97270
95582 last
94930
94380 **
92960 *
92120 **
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.
Related Instruments
Bitcoin
115875.880
-251.450
-0.22%
