Bitcoin / Dollar ST: the upside prevails as long as 39305 is support

Trading Central 2021-02-23 15:23:12

39305 is our pivot point.

Our preference: the upside prevails as long as 39305 is support.

Alternative scenario: below 39305, expect 27546 and 20546.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 47825 and 40278).

Supports and resistances:

93275 **

85460 *

77645 **

69830

49652 last

43924

39305 **

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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