Bitcoin / Dollar intraday: as long as 17570 is support look for 18170
Our pivot point stands at 17570.
Our preference:
As long as 17570 is support look for 18170.
Alternative scenario:
The downside breakout of 17570 would call for 17350 and 17220.
Comment:
The RSI is above its neutrality area at 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 17688 and 17389).
