Bitcoin / Dollar intraday: below its lower Bollinger band
Our pivot point stands at 21520.
Our preference:
The downside prevails as long as 21520 is resistance.
Alternative scenario:
Above 21520, look for 21890 and 22120.
Comment:
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 21236 and 21252). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 21195).
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