The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 76309 and 76462). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 76592).
The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (76968) but below its 50 period moving average (77585).
The RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands above its 20 period moving average (369.13) but below its 50 period moving average (387.08).
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 78455 and 78133).
Alternative scenario
The downside breakout of 78200 would call for 76900 and 76130.$BTC #BTCSurpasses$79K
The RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2367 and 2345).
The downside prevails as long as 78760 is resistance.
80,800.00 Resistance ...
80,040.00 Resistance
78,760.00 Resistance.
77,726.00 Last
78,760.00 Pivot
76,210.00 Support.
75,450.00 Support..
74,690.00 Support...
Comment
The RSI is below 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 78045 and 77957).