Bitcoin Intraday: rebound towards 98840
Feb 17, 2025 9:43 AM
rebound towards 98840.
Our pivot point is at 95070.
Our preference:
rebound towards 98840.
Alternative scenario:
below 95070, expect 93640 and 92800.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (96235) but below its 50 period moving average (96692).
Supports and resistances:
100540 **
99690 *
98840 **
97990
96287 last
95630
95070 **
93640 *
92800 **
Our preference:
rebound towards 98840.
Alternative scenario:
below 95070, expect 93640 and 92800.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (96235) but below its 50 period moving average (96692).
Supports and resistances:
100540 **
99690 *
98840 **
97990
96287 last
95630
95070 **
93640 *
92800 **
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
115570.040
-557.290
-0.48%
