Bitcoin / Dollar intraday: above its upper Bollinger band
Our pivot point is at 39520.
Our preference: the upside prevails as long as 39520 is support.
Alternative scenario: below 39520, expect 38840 and 38430.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 39415 and 39435). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 40093).
Supports and resistances:
42220 **
41800 *
41390 **
40980
40100 last
39800
39520 **
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