Bitcoin / Dollar intraday: the downside prevails as long as 36400 is resistance
Our pivot point is at 36400.
Our preference:
The downside prevails as long as 36400 is resistance.
Alternative scenario:
The upside breakout of 36400, would call for 36850 and 37110.
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 36573 and 37147).
