Bitcoin / Dollar intraday: the downside prevails as long as 18093 is resistance

Trading Central 2020-11-19 01:44:05

Our pivot point stands at 18093.

Our preference: the downside prevails as long as 18093 is resistance.

Alternative scenario: the upside breakout of 18093, would call for 18383 and 18555.

Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 17992 and 17864).

Supports and resistances:

18555 **

18383 *

18093 **

17979

17855 last

17458

17286 **

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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