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Evening analysis of Bitcoin / Dollar for Tuesdayto Nov. 12, 2019



Bitcoin / Dollar intraday: our next up target stands at 8961
Our pivot point is at 8625.

Our preference: our next up target stands at 8961.

Alternative scenario: below 8625, expect 8506 and 8436.

Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the pair is above its 20 and 50 MAs (respectively at 8707 and 8726).

Supports and resistances:

9103 **
9032 *
8961 **
8890
8733 last
8672
8625 **
8506 *
8436 **
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