Bitcoin / Dollar intraday: the upside prevails as long as 19530 is support
Our pivot point is at 19530.
Our preference:
The upside prevails as long as 19530 is support.
Alternative scenario:
The downside breakout of 19530 would call for 18940 and 18590.
Comment:
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 19870 and 19812).
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