25 February 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Date : 25 February 2020
Pivot point : 9682
Our preference : the downside prevails as long as 9682 is resistance.
Alternative scenario : the upside breakout of 9682, would call for 9859 and 9965.
Comment : the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 9593 and 9662).
Supports and resistances :
9523 – 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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