Bitcoin / Dollar intraday: the downside prevails as long as 19380 is resistance
Our pivot point is at 19380.
Our preference:
The downside prevails as long as 19380 is resistance.
Alternative scenario:
The upside breakout of 19380, would call for 19780 and 20010.
Comment:
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 19163 and 19222).
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