Bitcoin Intraday: the downside prevails as long as 92270 is resistance
Bitcoin (BTC/USD)
-521.46-0.57%
the downside prevails as long as 92270 is resistance.
Our pivot point stands at 92270.
Our preference: the downside prevails as long as 92270 is resistance.
Alternative scenario: above 92270, look for 93670 and 94500.
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 91493 and 91392).
Supports and resistances:
94500 **
93670 *
92270 **
91720
91013 last
89220
88390 **
87550 *
86720 **
Our preference: the downside prevails as long as 92270 is resistance.
Alternative scenario: above 92270, look for 93670 and 94500.
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 91493 and 91392).
Supports and resistances:
94500 **
93670 *
92270 **
91720
91013 last
89220
88390 **
87550 *
86720 **
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