Citigroup, Inc.Long
Citibank Wave Analysis – 3 February 2025
- Citibank reversed from support level 76.00
- Likely to rise to resistance level 82.00
Citibank recently reversed up from the support level 76.00, intersecting with the 20-day moving average, 50% Fibonacci correction of the upward impulse from January.
The support zone near the support level 76.00 was further strengthened by the upper trendline of the recently broken up channel from August.
Given the clear uptrend, Citibank can be expected to rise to the next resistance level 82.00 (which stopped the previous sharp impulse wave 3).
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
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Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.