Bitcoin / Dollar intraday: above its upper Bollinger band
Our pivot point stands at 20480.
Our preference:
Rebound.
Alternative scenario:
Below 20480, expect 20110 and 19890.
Comment:
The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (20732) but below its 50 period moving average (20858). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (20821).
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