Bitcoin / Dollar intraday: the downside prevails as long as 31588 is resistance

Bitcoin / Dollar intraday: the downside prevails as long as 31588 is resistance

 

Our pivot point stands at 31588.

 

Trading Central preference:

the downside prevails as long as 31588 is resistance.

 

Alternative scenario:

above 31588, look for 32337 and 32783.

 

Comment:

the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 31600 and 31515).