Bitcoin Technical Analysis : BTC/USD 3 September 2020

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

Bitcoin Technical Analysis : BTC/USD 3 September 2020

Bitcoin Technical Analysis : BTCUSD

Date : 3 September 2020

Pivot point : 11466

Our preference : the downside prevails as long as 11466 is resistance.

Alternative scenario : above 11466, look for 11641 and 11746.

Comment : the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 11393 and 11480).

Supports and resistances :

11746 **
11641 *
11466
11327 – Last price
11066
10962 *
10857 **

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

Source : Trading Central

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