Bitcoin Technical Analysis : BTC/USD 18 September 2020

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

Bitcoin Technical Analysis : BTC/USD 18 September 2020

Bitcoin Technical Analysis : BTCUSD

Date : 18 September 2020

Pivot point : 10730

Our preference : as long as 10730 is support look for 11294.

Alternative scenario : below 10730, expect 10519 and 10394.

Comment : the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is below its 20 MA (10923) but above its 50 MA (10887).

Supports and resistances :

11420 **
11294 *
11169
10917 – Last price
10730
10519 *
10394 **

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

Source : Trading Central

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