BTC Bitcoin / Dollar intraday: the upside prevails as long as 33760 is support

BTC may rise 592 - 872 USD

Our preference

The upside prevails as long as 33760 is support.

35,330.00Resistance * * *

35,040.00Resistance * *

34,760.00Resistance *

34,168.00 Last

33,760.00 Pivot

33,760.00 Support *

33,280.00 Support * *

33,000.00 Support * * *

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 34092 and 34082).

Alternative scenario

The downside breakout of 33760 would call for 33280 and 33000.