Bitcoin / Dollar intraday: our next up target stands at 20320
Our pivot point stands at 20160.
Our preference:
Our next up target stands at 20320.
Alternative scenario:
The downside breakout of 20160 would call for 20110 and 20080.
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 20109 and 20222).
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