25 March 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Date : 25 March 2020
Pivot point : 6481
Our preference : our next up target stands at 7239.
Alternative scenario : the downside breakout of 6481 would call for 6200 and 6033.
Comment : the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the pair is above its 20 and 50 MAs (respectively at 6689 and 6680).
Supports and resistances :
6710 – 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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