Our preference: the downside prevails as long as 3424 is resistance.
Alternative scenario: above 3424, look for 3464 and 3487.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 3418 and 3419). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 3393).
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced