Bitcoin / Dollar intraday: above its upper Bollinger band
Our pivot point is at 66280.
Our preference:
Rebound.
Alternative scenario:
Below 66280, expect 65150 and 64480.
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (66864) but under its 50 period moving average (67889). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 67515).
