Bitcoin Intraday: the upside prevails as long as 90260 is support
Bitcoin (BTC/USD)
+1896.66+2.10%
the upside prevails as long as 90260 is support.
Our pivot point is at 90260.
Our preference: the upside prevails as long as 90260 is support.
Alternative scenario: the downside breakout of 90260 would call for 88860 and 88030.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 89850 and 89596).
Supports and resistances:
95580 **
94750 *
93920 **
93080
91373 last
90810
90260 **
88860 *
88030 **
Our preference: the upside prevails as long as 90260 is support.
Alternative scenario: the downside breakout of 90260 would call for 88860 and 88030.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 89850 and 89596).
Supports and resistances:
95580 **
94750 *
93920 **
93080
91373 last
90810
90260 **
88860 *
88030 **
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