Bitcoin / Dollar intraday: the downside prevails as long as 34290 is resistance
Our pivot point is at 34290.
Our preference: the downside prevails as long as 34290 is resistance.
Alternative scenario: the upside breakout of 34290, would call for 34770 and 35050.
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 34017 and 34067).
Supports and resistances:
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