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Evening analysis Bitcoin / Dollar for  Wednesdayto Nov. 13, 2019



Bitcoin / Dollar intraday: our next up target stands at 8977
Our pivot point is at 8652.

Our preference: our next up target stands at 8977.

Alternative scenario: below 8652, expect 8533 and 8462.

Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 8750 and 8751).

Supports and resistances:

9119 **
9048 *
8977 **
8906
8757 last
8698
8652 **
8533 *
8462 **

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