Bitcoin / Dollar intraday: the downside prevails as long as 16170 is resistance
Our pivot point stands at 16170.
Our preference:
The downside prevails as long as 16170 is resistance.
Alternative scenario:
Above 16170, look for 16520 and 16730.
Comment:
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 16004 and 16096).
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