Bitcoin / Dollar intraday: the downside prevails as long as 110360 is resistance
Our pivot point stands at 110360.
Our preference:
The downside prevails as long as 110360 is resistance.
Alternative scenario:
Above 110360, look for 112090 and 113120.
Comment:
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 109619 and 109424).
