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 29390 is resistance
Our pivot point is at 29390.
Our preference:
The downside prevails as long as 29390 is resistance.
Alternative scenario:
The upside breakout of 29390, would call for 29700 and 29870.
Comment:
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 29302 and 29345).
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