Bitcoin Intraday: below its lower Bollinger band
Bitcoin (BTC/USD)
-77.13-0.09%
the downside prevails as long as 88180 is resistance.
Our pivot point is at 88180.
Our preference: the downside prevails as long as 88180 is resistance.
Alternative scenario: above 88180, look for 89520 and 90310.
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 87509 and 87325). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 86955).
Supports and resistances:
90310 **
89520 *
88180 **
87650
86943 last
85340
84550 **
83750 *
82960 **
Our preference: the downside prevails as long as 88180 is resistance.
Alternative scenario: above 88180, look for 89520 and 90310.
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 87509 and 87325). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 86955).
Supports and resistances:
90310 **
89520 *
88180 **
87650
86943 last
85340
84550 **
83750 *
82960 **
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