Bitcoin Technical Analysis : BTC/USD 14 September 2020

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

Bitcoin Technical Analysis : BTC/USD 14 September 2020

Bitcoin Technical Analysis : BTCUSD

Date : 14 September 2020

Pivot point : 10513

Our preference : technical rebound towards 10513 before a new drop.

Alternative scenario : the upside breakout of 10513, would call for 10710 and 10827.

Comment : the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair stands above its 20 MA (10324) but below its 50 MA (10370).

Supports and resistances :

10827 **
10710 *
10513
10354 – Last price
10114
9997 *
9880 **

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

Source : Trading Central

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