Bitcoin Intraday: the downside prevails as long as 73330 is resistance
Bitcoin (BTC/USD)
-2459.82-3.34%
the downside prevails as long as 73330 is resistance.
Our pivot point stands at 73330.
Our preference: the downside prevails as long as 73330 is resistance.
Alternative scenario: above 73330, look for 74130 and 74600.
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 73134 and 73444).
Supports and resistances:
74600 **
74130 *
73330 **
72645 last
71560
71090 **
70610 *
Our preference: the downside prevails as long as 73330 is resistance.
Alternative scenario: above 73330, look for 74130 and 74600.
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 73134 and 73444).
Supports and resistances:
74600 **
74130 *
73330 **
72645 last
71560
71090 **
70610 *
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