BIT:CIBR - Euronext Milan - IE00BF16M727 - ETF - Currency: EUR
We assign a technical rating of 1 out of 10 to CIBR. CIBR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, CIBR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 35.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.64, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CIBR in the last couple of days, which is a good sign.
31.78
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
BIT:CIBR (4/25/2025, 4:52:16 PM)
35.62
+0.4 (+1.14%)