Bitcoin / Dollar intraday: the downside prevails as long as 26790 is resistance
Our pivot point stands at 26790.
Our preference:
The downside prevails as long as 26790 is resistance.
Alternative scenario:
The upside breakout of 26790, would call for 27160 and 27370.
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 is trading under both its 20 and 50 period moving average (respectively at 26581 and 26813).
