Bitcoin Technical Analysis : BTC/USD 1 September 2020

Bitcoin Technical Analysis : BTCUSD

Date : 1 September 2020

Pivot point : 11555

Our preference : the upside prevails as long as 11555 is support.

Alternative scenario : below 11555, expect 11374 and 11266.

Comment : the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 11666 and 11676).

Supports and resistances :

12153 **
12045 *
11937
11714 – Last price
11555
11374 *
11266 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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