Bitcoin Intraday: rebound
Feb 12, 2025 9:40 AM
rebound.
Our pivot point stands at 94970.
Our preference:
rebound.
Alternative scenario:
below 94970, expect 93540 and 92690.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (95876) but under its 50 period moving average (96328).
Supports and resistances:
100350 **
99500 *
98650 **
97800
96104 last
95530
94970 **
93540 *
92690 **
Our preference:
rebound.
Alternative scenario:
below 94970, expect 93540 and 92690.
Comment:
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (95876) but under its 50 period moving average (96328).
Supports and resistances:
100350 **
99500 *
98650 **
97800
96104 last
95530
94970 **
93540 *
92690 **
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%
