Bitcoin Intraday: the downside prevails as long as 78760 is resistance
Bitcoin (BTC/USD)
+5.04+0.01%
the downside prevails as long as 78760 is resistance.
Our pivot point is at 78760.
Our preference: the downside prevails as long as 78760 is resistance.
Alternative scenario: above 78760, look for 80040 and 80800.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 78045 and 77957).
Supports and resistances:
80800 **
80040 *
78760 **
77726 last
76210
75450 **
74690 *
Our preference: the downside prevails as long as 78760 is resistance.
Alternative scenario: above 78760, look for 80040 and 80800.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 78045 and 77957).
Supports and resistances:
80800 **
80040 *
78760 **
77726 last
76210
75450 **
74690 *
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