Bitcoin Technical Analysis : BTC/USD 13 November 2020

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

Bitcoin Technical Analysis : BTC/USD 13 November 2020

Bitcoin Technical Analysis : BTCUSD

Date : 13 November 2020

Pivot point : 16039

Our preference : as long as 16039 is support look for 16764.

Alternative scenario : below 16039, expect 15786 and 15635.

Comment : the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is below its 20 MA (16330) but above its 50 MA (16109).

Supports and resistances :

16916 **
16764 *
16613
16287 – Last price
16039
15786 *
15635 **

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

Source : Trading Central

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