BTCUSD: Rebound towards 49390
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 (46745) but below its 50 period moving average (47145).
Our preference: Rebound towards 49390.
Alternative scenario: Below 45810, expect 44420 and 43590.
The MACD is negative and above its signal line.
The configuration is mixed. Moreover, the price stands above its 20 period moving average (46745) but below its 50 period moving average (47145).
Our preference: Rebound towards 49390.
Alternative scenario: Below 45810, expect 44420 and 43590.
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