Bitcoin Technical Analysis : BTC/USD 4 September 2020

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

Bitcoin Technical Analysis : BTC/USD 4 September 2020

Bitcoin Technical Analysis : BTCUSD

Date : 4 September 2020

Pivot point : 10150

Our preference : rebound towards 10583.

Alternative scenario : below 10150, expect 9990 and 9895.

Comment : the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 10427 and 10793).

Supports and resistances :

10678 **
10583 *
10488
10292 – Last price
10150
9990 *
9895 **

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

Source : Trading Central

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