Bitcoin / Dollar intraday: the upside prevails as long as 26740 is support
Our pivot point stands at 26740.
Our preference:
The upside prevails as long as 26740 is support.
Alternative scenario:
The downside breakout of 26740 would call for 26410 and 26220.
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 26925 and 26892).
