Bitcoin / Dollar intraday: our next up target stands at 29040
Our pivot point is at 27440.
Our preference:
Our next up target stands at 29040.
Alternative scenario:
The downside breakout of 27440 would call for 26900 and 26570.
Comment:
The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 27982 and 27949).
