(25 JUNE 2018)Bitcoin / Dollar:Rebound towards 6595

(25 JUNE 2018)Bitcoin / Dollar:Rebound towards 6595

25 June 2018, 10:10
Jiming Huang
0
67

btc

Rebound towards 6595

(By Swissquote TRADING CENTRAL) 

Our pivot (invalidation) point is at 5956.

Our preference

rebound towards 6595.

Alternative scenario

Below 5956, expect 5729 and 5593.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is

mixed. Moreover, the pair stands above its 20 MA (6156) but below its 50 MA (6235).

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