Trade Ideas #BTC☀ shoes bullish signal on 15 minutes time frame
Our pivot point stands at 52910.
Our preference
Rebound.
Alternative scenario
The downside breakout of 52910 would call for 44660 and 39740.
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 price is trading above its 20 period moving average (59318) but under its 50 period moving average (61405).
Supports and resistances
86790 **
81710 *
76630 **
71550
60900 last
56160
52910 **
44660 *
39740 **
Number of asterisks represents the strength of support and resistance levels.