Bitcoin Intraday: the downside prevails as long as 89040 is resistance
Bitcoin (BTC/USD)
-1498.60-1.68%
the downside prevails as long as 89040 is resistance.
Our pivot point stands at 89040.
Our preference: the downside prevails as long as 89040 is resistance.
Alternative scenario: above 89040, look for 90120 and 90760.
Comment: the RSI is below its neutrality area at 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 88530 and 89066).
Supports and resistances:
90760 **
90120 *
89040 **
88620
88194 last
86840
86200 **
85560 *
84920 **
Our preference: the downside prevails as long as 89040 is resistance.
Alternative scenario: above 89040, look for 90120 and 90760.
Comment: the RSI is below its neutrality area at 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 88530 and 89066).
Supports and resistances:
90760 **
90120 *
89040 **
88620
88194 last
86840
86200 **
85560 *
84920 **
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