Bitcoin / Dollar intraday: the downside prevails as long as 19760 is resistance
Our pivot point is at 19760.
Our preference:
The downside prevails as long as 19760 is resistance.
Alternative scenario:
The upside breakout of 19760, would call for 20160 and 20400.
Comment:
The RSI is below 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 19471 and 19445).
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