Swissquote Bank Research Team
Swissquote Bank Ltd
Bitcoin/Dollar
The upside prevails as long as 6099 is support
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6099 is our pivot (invalidation) point.
Our preference
The upside prevails as Long as 6099 is support.
Alternative scenario
Below 6099, expect 5919 and 5812.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 6196 and 6208).
This report has been prepared by Swissquote Bank Ltd and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by Swissquote Bank Ltd personnel at any given time. Swissquote Bank Ltd is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.
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