Bitcoin / Dollar intraday: the downside prevails a

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

BTCUSD

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

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