Bitcoin Intraday: the downside prevails as long as 66490 is resistance
Bitcoin (BTC/USD)
-481.19-0.73%
the downside prevails as long as 66490 is resistance.
Our pivot point stands at 66490.
Our preference: the downside prevails as long as 66490 is resistance.
Alternative scenario: above 66490, look for 67360 and 67890.
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 65957 and 65971).
Supports and resistances:
67890 **
67360 *
66490 **
65797 last
64690
64170 **
63650 *
Our preference: the downside prevails as long as 66490 is resistance.
Alternative scenario: above 66490, look for 67360 and 67890.
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 65957 and 65971).
Supports and resistances:
67890 **
67360 *
66490 **
65797 last
64690
64170 **
63650 *
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