Bitcoin: look for 44970
The RSI is above its neutrality area at 50.
The MACD is below its signal line and positive.
The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 42698 and 42347).
Our preference: As long as 41700 is support look for 44970.
Alternative scenario: Below 41700, expect 40430 and 39680.
The MACD is below its signal line and positive.
The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 42698 and 42347).
Our preference: As long as 41700 is support look for 44970.
Alternative scenario: Below 41700, expect 40430 and 39680.
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