Bitcoin Technical Analysis : BTC/USD 4 March 2020

4 March 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 4 March 2020

Bitcoin Technical Analysis : BTCUSD

Date : 4 March 2020

Pivot point : 8664

Our preference : the upside prevails as long as 8664 is support.

Alternative scenario : below 8664, expect 8496 and 8395.

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 above its 20 and 50 MAs (respectively at 8782 and 8779).

Supports and resistances :

9349 **
9248 *
9147 **
9046
8811 – Last price
8731
8664 **
8496 *
8395 **

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

Source : Trading Central

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