Bitcoin Intraday: the downside prevails as long as 60090 is resistance
Bitcoin (BTC/USD)
-903.08-1.50%
the downside prevails as long as 60090 is resistance.
Our pivot point is at 60090.
Our preference: the downside prevails as long as 60090 is resistance.
Alternative scenario: above 60090, look for 60840 and 61290.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 59911 and 59914).
Supports and resistances:
61290 **
60840 *
60090 **
59492 last
58380
57940 **
57490 *
Our preference: the downside prevails as long as 60090 is resistance.
Alternative scenario: above 60090, look for 60840 and 61290.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 59911 and 59914).
Supports and resistances:
61290 **
60840 *
60090 **
59492 last
58380
57940 **
57490 *
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