Bitcoin Technical Analysis : BTC/USD 27 August 2021

27 August 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 27 August 2021

Bitcoin Technical Analysis : BTCUSD

Date : 27 August 2021

Pivot point : 48048

Our preference : the downside prevails as long as 48048 is resistance.

Alternative scenario : the upside breakout of 48048, would call for 49442 and 50271.

Comment : the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 47079 and 47039).

Supports and resistances :

50271 **
49442 *
48048
46912 – Last price
45253
44424 *
43595 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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



5 Popular Forex Brokers
Forex Auto Rebate / Cashback

All Likerebateforex members will receive the special discount or highest rebate rate 100% of our IB commissions. (Free! No additional conditions, fees and deals restrictions)

Forex Brokers

Direct special discount

Highest rebate rate 100%