Bitcoin Intraday: the downside prevails as long as 64850 is resistance
Bitcoin (BTC/USD)
-268.85-0.41%
the downside prevails as long as 64850 is resistance.
Our pivot point stands at 64850.
Our preference: the downside prevails as long as 64850 is resistance.
Alternative scenario: above 64850, look for 65670 and 66160.
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 64457 and 64729).
Supports and resistances:
66160 **
65670 *
64850 **
64148 last
63160
62670 **
62180 *
Our preference: the downside prevails as long as 64850 is resistance.
Alternative scenario: above 64850, look for 65670 and 66160.
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 64457 and 64729).
Supports and resistances:
66160 **
65670 *
64850 **
64148 last
63160
62670 **
62180 *
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