Bitcoin Technical Analysis : BTC/USD 24 September 2020

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

Bitcoin Technical Analysis : BTC/USD 24 September 2020

Bitcoin Technical Analysis : BTCUSD

Date : 24 September 2020

Pivot point : 10117

Our preference : rebound towards 10645.

Alternative scenario : below 10117, expect 9914 and 9793.

Comment : the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair is trading above its 20 MA (10274) but under its 50 MA (10387).

Supports and resistances :

10766 **
10645 *
10524
10282 – Last price
10117
9914 *
9793 **

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

Source : Trading Central

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