Bitcoin / Dollar intraday: above its upper Bollinger band
Our pivot point is at 75360.
Our preference:
The upside prevails as long as 75360 is support.
Alternative scenario:
The downside breakout of 75360 would call for 74110 and 73360.
Comment:
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 75696 and 75936). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 76297).
