Date : 25 August 2021
Pivot point : 48384
Our preference : the downside prevails as long as 48384 is resistance.
Alternative scenario : the upside breakout of 48384, would call for 49787 and 50622.
Comment : the RSI is below 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 48042 and 48396). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 47371).
Supports and resistances :
47281 – Last price
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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