Bitcoin / Dollar intraday: as long as 3394 is support look for 3703

Bitcoin / Dollar intraday: as long as 3394 is support look for 3703
Our pivot point is at 3394.

Most likely scenario: as long as 3394 is support look for 3703.

Alternative scenario: the downside breakout of 3394 would call for 3280 and 3211.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is below its 20 MA (3504) but above its 50 MA (3409).

Leave a Reply