Bitcoin / Dollar intraday: the downside prevails as long as 9311 is resistance
Our pivot point stands at 9311.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 9365 and 9383).
Alternative scenario:
above 9311, look for 9436 and 9511.
Our preference:
the downside prevails as long as 9311 is resistance.