Bitcoin / Dollar intraday: the downside prevails as long as 26800 is resistance
Our pivot point is at 26800.
Our preference:
The downside prevails as long as 26800 is resistance.
Alternative scenario:
The upside breakout of 26800, would call for 27110 and 27290.
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 stands below its 20 and 50 period moving average (respectively at 26576 and 26582).
