Bitcoin Technical Analysis : BTC/USD 13 March 2020

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

Bitcoin Technical Analysis : BTC/USD 13 March 2020

Bitcoin Technical Analysis : BTCUSD

Date : 13 March 2020

Pivot point : 4764

Our preference : rebound towards 5317.

Alternative scenario : below 4764, expect 4666 and 4608.

Comment : the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 5137 and 5957).

Supports and resistances :

5378 **
5317 *
5255
5052 – Last price
4764
4666 *
4608 **

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

Source : Trading Central

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