19 March 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Date : 19 March 2020
Pivot point : 5196
Our preference : as long as 5196 is support look for 5799.
Alternative scenario : the downside breakout of 5196 would call for 4972 and 4838.
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 above its 20 and 50 MAs (respectively at 5358 and 5283).
Supports and resistances :
5391 – Last price
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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FBS : Daily trading plan for September 30, 2021 (Japan is struggling to rise and S&P500 is in danger)