BIT:CW8 - Euronext Milan - LU1681043599 - ETF - Currency: EUR
Taking everything into account, CW8 scores 0 out of 10 in our technical rating. CW8 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CW8 does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 505.06. Right above this resistance zone may be a good entry point.
475.13
When analyzing the support we notice one important area.
We can see 2 important resistance areas.
BIT:CW8 (4/25/2025, 7:00:00 PM)
505.05
+2.56 (+0.51%)