Bitcoin / Dollar intraday: the downside prevails as long as 21550 is resistance
Our pivot point is at 21550.
Our preference:
The downside prevails as long as 21550 is resistance.
Alternative scenario:
The upside breakout of 21550, would call for 22170 and 22550.
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 is trading under both its 20 and 50 period moving average (respectively at 21226 and 21334).
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