Bitcoin / Dollar intraday: the downside prevails as long as 110380 is resistance
Our pivot point stands at 110380.
Our preference:
The downside prevails as long as 110380 is resistance.
Alternative scenario:
Above 110380, look for 111760 and 112580.
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 111332 and 109846).
