Bitcoin / Dollar intraday: as long as 19810 is support look for 20760
Our pivot point stands at 19810.
Our preference:
As long as 19810 is support look for 20760.
Alternative scenario:
Below 19810, expect 19460 and 19250.
Comment:
The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 20045 and 19614).
This material is from Trading Central and is being posted with permission from Trading Central. The views expressed in this material are solely those of the author and/or Trading Central and BTCDana & Forexdana is not endorsing or recommending any investment or trading discussed in the material. Before acting on this material, you should consider whether it is suitable for your circumstances and as necessary, seek professional advice.