Bitcoin / Dollar intraday: the downside prevails as long as 57847 is resistance

Trading Central 2021-02-22 14:29:05

Our pivot point stands at 57847.

Our preference: the downside prevails as long as 57847 is resistance.

Alternative scenario: above 57847, look for 59720 and 60835.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 56773 and 57033).

Supports and resistances:

60835 **

59720 *

57847 **


56267 last


52414 **

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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