Bitcoin / Dollar intraday: the upside prevails as long as 110270 is support

Our pivot point is at 110270.

Our preference: the upside prevails as long as 110270 is support.

Alternative scenario: below 110270, expect 108820 and 107960.

Comment: 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 111215 and 111195).

Supports and resistances:

115870 **

115010 *

114140 **

113280

111551 last

110840

110270 **