Bitcoin Technical Analysis : BTC/USD 23 March 2020

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

Bitcoin Technical Analysis : BTC/USD 23 March 2020

Bitcoin Technical Analysis : BTCUSD

Date : 23 March 2020

Pivot point : 5689

Our preference : rebound towards 6344.

Alternative scenario : below 5689, expect 5443 and 5296.

Comment : the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 5917 and 6049).

Supports and resistances :

6491 **
6344 *
6197
5903 – Last price
5689
5443 *
5296 **

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

Source : Trading Central

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