Bitcoin Intraday: below its lower Bollinger band
Feb 13, 2025 5:05 AM
target 94200.
Our pivot point is at 98080.
Our preference:
target 94200.
Alternative scenario:
above 98080, look for 99520 and 100380.
Comment:
the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (97519) but above its 50 period moving average (96666). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 96840).
Supports and resistances:
100380 **
99520 *
98080 **
97520
96764 last
95060
94200 **
93350 *
92490 **
Our preference:
target 94200.
Alternative scenario:
above 98080, look for 99520 and 100380.
Comment:
the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (97519) but above its 50 period moving average (96666). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 96840).
Supports and resistances:
100380 **
99520 *
98080 **
97520
96764 last
95060
94200 **
93350 *
92490 **
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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