Bitcoin Intraday: above its upper Bollinger band
Bitcoin (BTC/USD)
-103.69-0.10%
the upside prevails as long as 105020 is support.
105020 is our pivot point.
Our preference: the upside prevails as long as 105020 is support.
Alternative scenario: below 105020, expect 103350 and 102350.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 105330 and 105517). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (106594).
Supports and resistances:
111790 **
110790 *
109790 **
108790
106784 last
105680
105020 **
103350 *
102350 **
Our preference: the upside prevails as long as 105020 is support.
Alternative scenario: below 105020, expect 103350 and 102350.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 105330 and 105517). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (106594).
Supports and resistances:
111790 **
110790 *
109790 **
108790
106784 last
105680
105020 **
103350 *
102350 **
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