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: the downside prevails as long as 16960 is resistance
Our pivot point is at 16960.
Our preference:
The downside prevails as long as 16960 is resistance.
Alternative scenario:
Above 16960, look for 17330 and 17540.
Comment:
The RSI is below its neutrality area at 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 16752 and 16819).
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