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 analysing Bitcoin / Dollar  for Mondayto Nov. 18, 2019




Bitcoin / Dollar intraday: the downside prevails as long as 8593 is resistance

Our pivot point stands at 8593.

Our preference: the downside prevails as long as 8593 is resistance.

Alternative scenario: above 8593, look for 8709 and 8778.

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 pair is trading under both its 20 and 50 MAs (respectively at 8515 and 8536).


Supports and resistances:

8778 **
8709 *
8593 **
8548
8493 last
8352
8283 **
8214 *
8146 
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