Bitcoin Technical Analysis : BTC/USD 9 December 2020

9 December 2020 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 9 December 2020

Bitcoin Technical Analysis : BTCUSD

Date : 9 December 2020

Pivot point : 17906

Our preference : rebound towards 18914.

Alternative scenario : below 17906, expect 17539 and 17320.

Comment : the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 18339 and 18689).

Supports and resistances :

19134 **
18914 *
18695
18200 – Last price
18051
17906 *
17539 **

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

Source : Trading Central

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