Bitcoin / Dollar intraday: as long as 18142 is resistance look for 17324

Trading Central 2020-11-19 14:24:05

Our pivot point is at 18142.

Our preference: as long as 18142 is resistance look for 17324.

Alternative scenario: above 18142, look for 18432 and 18605.

Comment: the RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the pair stands above its 20 MA (17819) but below its 50 MA (17879).

Supports and resistances:

18605 **

18432 *

18142 **

18028

17840 last

17496

17324 **

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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