Market Analysis of Bitcoin on Friday 31 March 2023

2023-03-31 12:26Fonte:BtcDana

Bitcoin / Dollar intraday: the downside prevails as long as 28370 is resistance

 

28370 is our pivot point.

 

Our preference:

The downside prevails as long as 28370 is resistance.

 

Alternative scenario:

The upside breakout of 28370, would call for 28960 and 29310.

 

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 28122 and 28390).

https://asset.onetrader.online/upload/file/1680192000000/1680236803806.gif

Mais