30 September 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)
Date : 30 September 2020
Pivot point : 10914
Our preference : under pressure below 10914.
Alternative scenario : the upside breakout of 10914, would call for 11107 and 11222.
Comment : the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 10781 and 10751).
Supports and resistances :
11222 **
11107 *
10914
10743 – Last price
10507
10393 *
10278 **
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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