10 December 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Date : 10 December 2020
Pivot point : 18732
Our preference : target 17677.
Alternative scenario : above 18732, look for 19105 and 19326.
Comment : the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under its 20 MA (18448) but above its 50 MA (18316).
Supports and resistances :
19105 **
18732 *
18586
18341 – Last price
17897
17677 *
17456 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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