Date : 28 May 2021
Pivot point : 38309
Our preference : the downside prevails as long as 38309 is resistance.
Alternative scenario : the upside breakout of 38309, would call for 39508 and 40222.
Comment : the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 38346 and 38790). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (37384).
Supports and resistances :
37317 – Last price
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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