Bitcoin Intraday: rebound towards 99690
Feb 16, 2025 8:50 PM
rebound towards 99690.
Our pivot point is at 95850.
Our preference:
rebound towards 99690.
Alternative scenario:
the downside breakout of 95850 would call for 94410 and 93560.
Comment:
the RSI is below 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 97037 and 97307).
Supports and resistances:
101410 **
100550 *
99690 **
98840
96989 last
96420
95850 **
94410 *
93560 **
Our preference:
rebound towards 99690.
Alternative scenario:
the downside breakout of 95850 would call for 94410 and 93560.
Comment:
the RSI is below 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 97037 and 97307).
Supports and resistances:
101410 **
100550 *
99690 **
98840
96989 last
96420
95850 **
94410 *
93560 **
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
115910.620
-216.710
-0.19%
