Bitcoin Intraday: as long as 82030 is resistance look for 78840
Bitcoin (BTC/USD)
+1262.60+1.57%
as long as 82030 is resistance look for 78840.
Our pivot point stands at 82030.
Our preference: as long as 82030 is resistance look for 78840.
Alternative scenario: above 82030, look for 83100 and 83740.
Comment: the RSI is below 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI would call for further upside. Moreover, the price stands above its 20 period moving average (80928) but below its 50 period moving average (81137).
Supports and resistances:
83740 **
83100 *
82030 **
81029 last
79480
78840 **
78210 *
Our preference: as long as 82030 is resistance look for 78840.
Alternative scenario: above 82030, look for 83100 and 83740.
Comment: the RSI is below 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI would call for further upside. Moreover, the price stands above its 20 period moving average (80928) but below its 50 period moving average (81137).
Supports and resistances:
83740 **
83100 *
82030 **
81029 last
79480
78840 **
78210 *
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