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Bitcoin / Dollar

Posted on the 11 November 2019 by Merks50
Bitcoin / Dollar intraday: below its lower Bollinger band
9033 is our pivot point.
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 9025 and 8939). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (8938).
Alternative scenario:
above 9033, look for 9155 and 9227.
Our preference:
the downside prevails as long as 9033 is resistance.

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