Bitcoin / Dollar intraday: the upside prevails as long as 18840 is support
Our pivot point is at 18840.
Our preference:
The upside prevails as long as 18840 is support.
Alternative scenario:
The downside breakout of 18840 would call for 18450 and 18220.
Comment:
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 19137 and 19119).
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