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 29760 is resistance
29760 is our pivot point.
Our preference:
The downside prevails as long as 29760 is resistance.
Alternative scenario:
The upside breakout of 29760, would call for 30080 and 30280.
Comment:
The RSI is below 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 29712 and 29760).
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