Bitcoin Technical Analysis : BTC/USD 28 September 2020

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

Bitcoin Technical Analysis : BTC/USD 28 September 2020

Bitcoin Technical Analysis : BTCUSD

Date : 28 September 2020

Pivot point : 10728

Our preference : the upside prevails as long as 10728 is support.

Alternative scenario : below 10728, expect 10512 and 10383.

Comment : the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 10825 and 10748).

Supports and resistances :

11414 **
11285 *
11157
10899 – Last price
10728
10512 *
10383 **

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

Source : Trading Central

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