Bitcoin Technical Analysis : BTC/USD 26 February 2020

26 February 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 26 February 2020

Bitcoin Technical Analysis : BTCUSD

Date : 26 February 2020

Pivot point : 9043

Our preference : rebound towards 9502.

Alternative scenario : below 9043, expect 8872 and 8771.

Comment : the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 9247 and 9382).

Supports and resistances :

9706 **
9604 *
9502 **
9400
9194 – Last price
9110
9043 **
8872 *
8771 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



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