Bitcoin Technical Analysis : BTC/USD 10 September 2020

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

Bitcoin Technical Analysis : BTC/USD 10 September 2020

Bitcoin Technical Analysis : BTCUSD

Date : 10 September 2020

Pivot point : 10217

Our preference : the upside prevails as long as 10217 is support.

Alternative scenario : the downside breakout of 10217 would call for 10020 and 9902.

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 10312 and 10247).

Supports and resistances :

10875 **
10757 *
10639
10379 – Last price
10217
10020 *
9902 **

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

Source : Trading Central

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