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$BTC Bitcoin / Dollar intraday: the downside prevails as long as 93720 is resistance
BTC may fall 2597.00 - 3787.00 USD
Our preference
The downside prevails as long as 93720 is resistance.
96,920.00 Resistance •••
95,720.00 Resistance ••
93,720.00 Resistance •
92,047.00 Last
93,720.00 Pivot
89,450.00 Support •
88,260.00 Support ••
87,070.00 Support ••.
Comment
The RSI is below its neutrality area at 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 92906 and 93334).
Alternative scenario
Above 93720, look for 95720 and 96920.
BTC may fall 2597.00 - 3787.00 USD
Our preference
The downside prevails as long as 93720 is resistance.
96,920.00 Resistance •••
95,720.00 Resistance ••
93,720.00 Resistance •
92,047.00 Last
93,720.00 Pivot
89,450.00 Support •
88,260.00 Support ••
87,070.00 Support ••.
Comment
The RSI is below its neutrality area at 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 92906 and 93334).
Alternative scenario
Above 93720, look for 95720 and 96920.
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