Bitcoin / Dollar intraday: the downside prevails as long as 44110 is resistance
Our pivot point is at 44110.
Our preference:
The downside prevails as long as 44110 is resistance.
Alternative scenario:
The upside breakout of 44110, would call for 45390 and 46160.
Comment:
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 43115 and 43143).
This material is from Trading Central and is being posted with permission from Trading Central. The views expressed in this material are solely those of the author and/or Trading View and BTCDana is not endorsing or recommending any investment or trading discussed in the material. Before acting on this material, you should consider whether it is suitable for your circumstances and as necessary, seek professional advice.