Bitcoin / Dollar intraday: the downside prevails as long as 19410 is resistance
19410 is our pivot point.
Our preference:
The downside prevails as long as 19410 is resistance.
Alternative scenario:
The upside breakout of 19410, would call for 19760 and 19960.
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 19182 and 19214).
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