Bitcoin Technical Analysis : BTC/USD 10 March 2020

10 March 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 10 March 2020

Bitcoin Technical Analysis : BTCUSD

Date : 10 March 2020

Pivot point : 7800

Our preference : the upside prevails as long as 7800 is support.

Alternative scenario : below 7800, expect 7640 and 7546.

Comment : the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 7897 and 7862).

Supports and resistances :

8318 **
8223 *
8128
7926 – Last price
7800
7640 *
7546 **

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

Source : Trading Central

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