The MACD is positive and hovering below its moving average.
38245 is our pivot
Predictable scenario: as long as support at 38245 holds, we can point towards 41726
Alternative scenario: A collapse of 38245 would result in a decline towards 36139
Analysis: The RSI stands above 70 points. This could mean either that the stock is at the end of an uptrend, or that it is simply overbought and therefore destined to correct (in this case beware of negative divergences). The MACD is positive and hovering below its moving average. In the short term the title could correct. Observe that the volumes have been on the rise for a few days.
Supports and resistance:
43301 **
42514 *
41726 **
40939
39364 (last trade)
38764
38245 **
36925 *
36139 **

Intraday algorithmic analysis BTC/USD

Intraday algorithmic analysis ETH/USD

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