Bitcoin / Dollar intraday: the downside prevails as long as 37420 is resistance
Our pivot point stands at 37420.
Our preference:
The downside prevails as long as 37420 is resistance.
Alternative scenario:
Above 37420, look for 38500 and 39150.
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 36681 and 36852).
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