Bitcoin / Dollar intraday: the downside prevails as long as 30400 is resistance
Our pivot point stands at 30400.
Our preference:
The downside prevails as long as 30400 is resistance.
Alternative scenario:
Above 30400, look for 31010 and 31370.
Comment:
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 29946 and 30014).
