Bitcoin Technical Analysis : BTC/USD 11 September 2020

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

Bitcoin Technical Analysis : BTC/USD 11 September 2020

Bitcoin Technical Analysis : BTCUSD

Date : 11 September 2020

Pivot point : 10398

Our preference : the downside prevails as long as 10398 is resistance.

Alternative scenario : the upside breakout of 10398, would call for 10593 and 10709.

Comment : the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 10304 and 10327).

Supports and resistances :

10709 **
10593 *
10398
10241 – Last price
9989
9873 *
9757 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



5 Popular Forex Brokers
Forex Auto Rebate / Cashback

All Likerebateforex members will receive the special discount or highest rebate rate 95% of our commissions. (Free! No additional conditions, fees and deals restrictions)

Forex Brokers

Direct special discount

Highest rebate rate 95%