Bitcoin Technical Analysis : BTC/USD 25 September 2020

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

Bitcoin Technical Analysis : BTC/USD 25 September 2020

Bitcoin Technical Analysis : BTCUSD

Date : 25 September 2020

Pivot point : 10498

Our preference : as long as 10498 is support look for 11059.

Alternative scenario : below 10498, expect 10287 and 10161.

Comment : the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 MA (10694) but above its 50 MA (10532).

Supports and resistances :

11185 **
11059 *
10932
10664 – Last price
10498
10287 *
10161 **

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

Source : Trading Central

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