Bitcoin Intraday: below its lower Bollinger band
Bitcoin (BTC/USD)
-1369.20-2.19%
the downside prevails as long as 63180 is resistance.
63180 is our pivot point.
Our preference: the downside prevails as long as 63180 is resistance.
Alternative scenario: above 63180, look for 63970 and 64440.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 62651 and 62512). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 62405).
Supports and resistances:
64440 **
63970 *
63180 **
62395 last
61430
60960 **
60490 *
Our preference: the downside prevails as long as 63180 is resistance.
Alternative scenario: above 63180, look for 63970 and 64440.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 62651 and 62512). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 62405).
Supports and resistances:
64440 **
63970 *
63180 **
62395 last
61430
60960 **
60490 *
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