Bitcoin Short Term: turning up.
Bitcoin (BTC/USD)
+606.91+0.58%
long positions above 99380 with targets at 117840 & 126150 in extension.
Pivot: 99380
Our preference: long positions above 99380 with targets at 117840 & 126150 in extension.
Alternative scenario: below 99380 look for further downside with 94200 & 89625 as targets.
Comment: a support base at 99380 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
129940
126150
117840
106235 Last
99380
94200
89625
Our preference: long positions above 99380 with targets at 117840 & 126150 in extension.
Alternative scenario: below 99380 look for further downside with 94200 & 89625 as targets.
Comment: a support base at 99380 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
129940
126150
117840
106235 Last
99380
94200
89625
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.
