Bitcoin Intraday: rebound towards 98680
Feb 12, 2025 1:04 AM
rebound towards 98680.
Our pivot point stands at 94920.
Our preference:
rebound towards 98680.
Alternative scenario:
the downside breakout of 94920 would call for 93500 and 92650.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (95887) but under its 50 period moving average (97075).
Supports and resistances:
100370 **
99520 *
98680 **
97830
96108 last
95480
94920 **
93500 *
92650 **
Our preference:
rebound towards 98680.
Alternative scenario:
the downside breakout of 94920 would call for 93500 and 92650.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (95887) but under its 50 period moving average (97075).
Supports and resistances:
100370 **
99520 *
98680 **
97830
96108 last
95480
94920 **
93500 *
92650 **
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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