Bitcoin Intraday: the upside prevails as long as 90740 is support
Bitcoin (BTC/USD)
+1928.18+2.13%
the upside prevails as long as 90740 is support.
Our pivot point is at 90740.
Our preference: the upside prevails as long as 90740 is support.
Alternative scenario: below 90740, expect 89380 and 88580.
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 above its 20 and 50 period moving average (respectively at 90106 and 90994).
Supports and resistances:
95830 **
95020 *
94220 **
93410
91800 last
91270
90740 **
89380 *
88580 **
Our preference: the upside prevails as long as 90740 is support.
Alternative scenario: below 90740, expect 89380 and 88580.
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 above its 20 and 50 period moving average (respectively at 90106 and 90994).
Supports and resistances:
95830 **
95020 *
94220 **
93410
91800 last
91270
90740 **
89380 *
88580 **
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