BIT:CINA - Euronext Milan - LU1900068914 - ETF - Currency: EUR
Taking everything into account, CINA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CINA is showing a nice and steady performance.
Besides having an excellent technical rating, CINA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 105.84, a Stop Loss order could be placed below this zone.
71.05
We found 5 important support areas.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
109.85 | 103.32 | 6.53 (5.94%) | 16.82% |
An entry @109.85. This is a Buy Stop order right above the 10 day high. | An exit @103.32. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.53 points, which is 5.94%. | When investing 16.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
BIT:CINA (3/6/2025, 7:00:00 PM)
106.19
+1.56 (+1.49%)