BtcDana Account
Ideal for traders who want to trade easily anytime, anywhere, BtcDana's mobile APP provides a modern and user-friendly trading experience on Android and iOS.
Standard Account
Suitable for traders seeking a traditional and straightforward trading experience with competitive floating spreads as low as zero pips.
Premium Account
Suitable for traders looking to maximize profits by eliminating commission fees, with competitive spreads starting as low as 10 pips.
Bitcoin / Dollar intraday: as long as 16580 is support look for 17600
Our pivot point stands at 16580.
Our preference:
As long as 16580 is support look for 17600.
Alternative scenario:
The downside breakout of 16580 would call for 16210 and 15990.
Comment:
The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 16850 and 16742).
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