Date : 8 October 2020
Pivot point : 10778
Our preference : under pressure below 10778.
Alternative scenario : above 10778, look for 10951 and 11054.
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 10648 and 10631). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 10625).
Supports and resistances :
10621 – Last price
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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