Bitcoin / Dollar intraday: the upside prevails as long as 16330 is support
Our pivot point stands at 16330.
Our preference:
The upside prevails as long as 16330 is support.
Alternative scenario:
The downside breakout of 16330 would call for 15970 and 15760.
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 16579 and 16577).
