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 40850 is resistance
40850 is our pivot point.
Our preference:
The downside prevails as long as 40850 is resistance.
Alternative scenario:
The upside breakout of 40850, would call for 41540 and 41960.
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 40529 and 40943).
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