Uniswap / Dollar intraday: above its upper Bollinger band

Our pivot point stands at 5.09.

Our preference: the upside prevails as long as 5.09 is support.

Alternative scenario: the downside breakout of 5.09 would call for 4.93 and 4.83.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 5.18 and 5.20). Finally, the Uniswap / Dollar is trading above its upper Bollinger band (standing at 5.22).

Supports and resistances:

5.72 **

5.62 *

5.52 **

5.42

5.23 last

5.16

5.09 **