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Bitcoin / Dollar

Posted on the 24 October 2019 by Merks50
Bitcoin / Dollar intraday: rebound towards 7619
7350 is our pivot point.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 7454 and 7640).
Alternative scenario:
the downside breakout of 7350 would call for 7249 and 7189.
Our preference:
rebound towards 7619.

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