Bitcoin / Dollar intraday: the downside prevails as long as 34695 is resistance

Trading Central 2021-01-12 22:17:05

34695 is our pivot point.

Our preference: the downside prevails as long as 34695 is resistance.

Alternative scenario: above 34695, look for 35579 and 36105.

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 35374 and 34259).

Supports and resistances:

36105 **

35579 *

34695 **

34347

33903 last

32220

31706 **

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.

6 Reasons To Open An Account

Multi-language 24/7 professional support

Fast, convenient fund and withdrawals

Free demo account $10,000

International recognition

Real-time quotes with push notification

Professional market analysis broadcast