Bitcoin Intraday: the downside prevails as long as 95890 is resistance
Bitcoin (BTC/USD)
-60.77-0.06%
the downside prevails as long as 95890 is resistance.
95890 is our pivot point.
Our preference: the downside prevails as long as 95890 is resistance.
Alternative scenario: above 95890, look for 97060 and 97770.
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 95096 and 95349).
Supports and resistances:
97770 **
97060 *
95890 **
95420
94683 last
93240
92540 **
91850 *
91150 **
Our preference: the downside prevails as long as 95890 is resistance.
Alternative scenario: above 95890, look for 97060 and 97770.
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 95096 and 95349).
Supports and resistances:
97770 **
97060 *
95890 **
95420
94683 last
93240
92540 **
91850 *
91150 **
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