Bitcoin / Dollar intraday: the upside prevails as long as 17380 is support
Our pivot point stands at 17380.
Our preference:
The upside prevails as long as 17380 is support.
Alternative scenario:
The downside breakout of 17380 would call for 17200 and 17090.
Comment:
The RSI is above its neutrality area at 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 17434 and 17437).
