Bitcoin / Dollar intraday: above its upper Bollinger band
Our pivot point stands at 51800.
Our preference: the upside prevails as long as 51800 is support.
Alternative scenario: the downside breakout of 51800 would call for 50960 and 50460.
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 trading above both its 20 and 50 period moving average (respectively at 52218 and 52011). Finally, the Bitcoin / Dollar has crossed above its upper Bollinger band (52650).
Supports and resistances:
55270 **
54770 *
54270 **
53760
52753 last
52140
51800 **
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